Elon Musk's SpaceX is preparing for a record initial public offering (IPO) that will allocate up to 25% of its $75 billion float for retail investors. This strategy is a part of Musk's effort to engage individual investors, who have shown a strong loyalty to the company. The implications of this IPO are significant for both SpaceX and the broader market.

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Elon Musk’s SpaceX lines up retail investors for record IPO allocation

Up to a quarter of the rocket builder’s $75bn float will be set aside for individual investors

Elon Musk looks upward while attending an event, wearing a black hoodie. Elon Musk’s courtship of retail investors has resulted in an unusually loyal following© Matt Rourke/AP

Ryan McMorrow in San Francisco and George Steer in New York

PublishedJune 5 2026

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