Elon Musk Reportedly Weighs Giving Retail Investors 30% Of SpaceX's IPO And Betting They Won't Bail

Elon Musk is considering reserving as much as 30% of SpaceX's initial public offering for individual investors, an unusually large retail slice aimed at harnessing his loyal following to help steady the stock after its market debut. Musk Bets Big On Retail Loyalty According to Reuters, which first broke the news, that would be at least three times the retail allocation typical in most U.S. IPOs, where individual investors usually get about 5% to 10% of shares. Reuters reported on Thursday that the plan, ...