SpaceX IPO Allocates Record ~25% of Shares to Retail Investors, vs. Historical 5%-10% Norm

According to the Financial Times, roughly a quarter of shares in SpaceX's IPO set to launch next week have been earmarked for retail traders and individuals, marking a record allocation. Traditionally, between 5% and 10% of IPO shares are reserved for retail investors, with larger institutions like mutual funds, hedge funds, and ETFs receiving preferential treatment. The FT's reported figure—or roughly 30% cited by Reuters—significantly exceeds the historical norm.
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