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Musk Shakes Up SpaceX IPO Strategy to Favor Small-Scale Fans Over Large Institutions

Musk Shakes Up SpaceX IPO Strategy to Favor Small-Scale Fans Over Large Institutions

SpaceX IPO plans have made a different move as Elon Musk considers assigning a bigger share of the offering to retail investors. Reports indicate that up to 30% of the IPO could be assigned for individual participants. This move would be a shift from the traditional format, where retail investors receive between 5% and 10%.

The post Musk Shakes Up SpaceX IPO Strategy to Favor Small-Scale Fans Over Large Institutions appeared first on CoinGape.

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