Elon Musk is planning an unconventional IPO for SpaceX, expected to be the
largest ever, targeting mid-June. Instead of traditional roadshows, Musk aims to
bring investors to SpaceX facilities, where they may tour manufacturing sites
and potentially witness rocket launches. The company is projected to raise
$40–80 billion. A confidential filing with regulators is expected soon, with a
public filing to follow. SpaceX is also considering atypical measures, including
modified lockup periods, preferential allocation to investors in Musk’s other
ventures, and a larger share for retail investors, reflecting Musk’s
norm-defying approach.
