Musk reportedly plans to allocate 30% of new SpaceX shares to retail investors, breaking the usual practice in the US stock market of allocating 5-10% of shares to retail investors in an IPO.

According to the latest news early Friday morning Beijing time, Musk is discussing allocating up to 30% of SpaceX's new shares to individual investors, relying on his enthusiastic fan base to help stabilize the stock price after the company goes public. In the usual practice of US stock IPOs, listed companies typically only allocate 5% to 10% of their shares to unrestricted retail investors. According to previous revelations, the fundraising scale of SpaceX's IPO may reach 70-75 billion US dollars, with a target valuation of 1.75 trillion US dollars. The previous global IPO fundraising record was set by Saudi Aramco in 2019 with 29 billion US dollars. Sources say that all parties expect a very strong demand for retail investment in SpaceX's IPO, including wealthy family offices that have supported Musk for many years and small retail investors attracted by Musk's technological vision.