E*Trade is currently in talks to lead SpaceX's first initial public offering, offering stocks to retail investors.

Sina Finance News on March 31, informed sources said that E*Trade is in talks with SpaceX and plans to lead the sale of this rocket manufacturer's stock to American retail investors later this year's IPO. Robinhood and SoFi are both seeking to participate in the transaction, but SpaceX is considering excluding both of them completely. The main underwriter of this IPO is Morgan Stanley, expected to distribute a significant portion of the stock to American retail investors through its brokerage platform E*Trade. Fidelity Investments is also seeking opportunities, hoping to distribute some of the stock through its own trading platform.