SpaceX reportedly weighs 30% retail allocation for blockbuster IPO

Elon Musk is considering giving individual investors an unusually large piece of the SpaceX IPO, potentially as much as 30% of the deal, according to Reuters. That's well above the typical 5% to 10% retail allocation and would mark a sharp break from the usual Wall Street IPO playbook. The report also saying SpaceX is carving up bank roles in a very Musklike way, assigning firms these narrow mandates based on relationships and past ties instead of just letting everyone fight broadly for the book.The timing ...