Until the IPO, which is expected on June 12, the only people who can buy SpaceX shares directly are large financial players such as banks and pension funds | World News

Elon Musk’s AI and rockets company will launch on the stock market on 12 June

New index fund rules could mean ordinary investors end up owning a piece of SpaceX whether they want to or not.

Until the IPO, which is expected on June 12, the only people who can buy SpaceX shares directly are large financial players such as banks and pension funds | World News

The rocket and satellite communications company plans to sell 555.6 million shares, the source says

SpaceX’s long-awaited IPO sparks a global scramble, from ETFs to secondary markets, as investors seek indirect access and question its $1.75 trillion valuation.

By Joseph Adinolfi and William Gavin

The SpaceX IPO is shaping up to be one of the most anticipated financial events in modern market history. Reports suggest that Elon Musks aerospace giant could price its shares on…