Small investors scrambled to get in on the SpaceX IPO, even as some believe the valuation is ‘stupid’

Marvin Jung isn’t buying into SpaceX because he thinks it’s a bargain. The 51-year-old regional director of operations in veterinary care believes Elon Musk’s rocket company is coming public at a valuation that is “really, really aggressive.” Yet, he still requested 1,000 shares through Robinhood, betting enthusiasm for one of the world’s most anticipated initial…

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SpaceX cuts retail IPO allocation to low 20% range, source says

SpaceX is allocating a smaller-than-expected portion of its blockbuster initial public offering to retail investors, according to a person familiar with the matter. The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, including international individual investors, online brokerages and private-bank clients, the person said. The…

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Early SpaceX investors will now reap the rewards

SpaceX’s Super Heavy booster is seen on the launch pad, as Starship is prepared to be placed on top, at the company’s Boca Chica complex, ahead of Starship’s eighth test flight which is targeted for March 3, from Starbase, near Brownsville, Texas, U.S. March 2, 2025. Kaylee Greenlee | Reuters For nearly two decades, some…

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SpaceX IPO is Musk ‘referendum,’ say market watchers

Elon Musk at SpaceX in Brownsville, Texas, May 27, 2025. Marvin Joseph | The Washington Post | Getty Images Friday’s hotly anticipated SpaceX public debut could prove a defining moment for capital markets — and be a “referendum” on Elon Musk’s leadership, according to market watchers. Musk’s eye-watering $1.75 trillion valuation target reflects a price-to-earnings…

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