Epic success rate of IPOs in the US stock market is rising! SpaceX reveals details of IPO: plans to distribute a large portion of shares to retail investors.

According to two informed sources, SpaceX held a meeting on Monday evening with a team of bankers, providing detailed information about the highly anticipated IPO plan. They stated that a large portion of the stocks will be allocated to retail investors, and an event will be held in June after the IPO roadshow launch, with 1,500 retail investors expected to attend. According to the sources, CFO Bret Johnsen stated in an online meeting, "The retail channel will be a key component of this IPO, and its scale will surpass any IPO in history." Johnsen mentioned that the significant share of the retail channel was carefully designed because "retail customers have long been a great support to us and Elon Musk, and we want to express our gratitude to them." Last month, it was reported that SpaceX is rewriting the traditional IPO model through the significant share of the retail channel in this IPO. The sources stated that SpaceX plans to publicly submit the IPO prospectus by the end of May and launch the official roadshow on the week of June 8th. Prior to the roadshow launch, SpaceX expects to convene about 125 analysts from the underwriting group to prepare for the promotion, marking the start of a highly coordinated global marketing campaign. This meeting was the first time SpaceX gathered all underwriters and is part of its IPO process. The SpaceX IPO is expected to be the largest in history, with the rocket manufacturer planning to raise $75 billion, with a valuation of up to $1.75 trillion.