European retail investors rush into SpaceX IPO as platforms open access, but experts warn high valuation, low float and risk for individual buyers.

By Joseph Adinolfi and William Gavin

A top analyst says its IPO is overvalued and the best buying opportunity may come after insiders get the chance to sell.

Retail investors rarely get IPO allocations, as US companies allot shares largely to institutions. The chance of Indians getting allotment is almost nil