Qualified retail investors receive at least one share in the SpaceX IPO subscription
Odaily reported that in SpaceX's IPO, every client of some of the largest retail brokerages in the United States received at least one share, highlighting the design intent of this issuance—to allow retail investors to also play a significant role.
According to representatives from the companies, after submitting stock subscription requests to platforms such as Robinhood, Charles Schwab, and Fidelity, all eligible customers received a portion of the share allocation. It is reported that SpaceX ultimately allocated approximately 20% of its total IPO funds to retail investors worldwide. Insiders indicated that due to demand for these shares exceeding $100 billion, many investors hoping for larger allocations were unable to get their desired amounts. On the second day of trading, SpaceX's stock had already risen over 40%, pushing its market capitalization to $2.5 trillion. (Jin Shi)
