SpaceX is preparing to go public with what could be the most retail-friendly mega-IPO in history. The company plans to reserve up to 30% of its shares for individual investors, a figure that dwarfs the 5-10% retail allocation that’s standard in most public offerings.
The IPO is expected to raise $75 billion at a valuation of $1.75 trillion, with a targeted listing date of June 12, 2026, under the ticker SPCX on the Nasdaq.
What the retail allocation actually means
A 30% retail allocation on a $75 billion raise translates to somewhere between $22.5 billion and $25 billion in shares earmarked for individual investors. European investors will be able to access the offering through platforms including Revolut, Hargreaves Lansdown, and eToro. On the US side, Bank of America is handling retail distribution. Multiple platforms have reportedly already opened early application windows and begun running eligibility checks.
The geographic reach is notable. Investors in the UK, Germany, and France, among other European countries, will have access through their local brokerage platforms. For a company that’s been privately held since Elon Musk founded it in 2002, this represents a dramatic shift from a two-decade stretch of extremely limited secondary liquidity, mostly confined to early investors and employees.
