SpaceX's $75 Billion IPO Draws Strong European Retail Demand

Deal Summary

SpaceX's upcoming IPO, targeting a $75 billion raise at a $1.75 trillion valuation, is attracting strong interest from European retail investors, with up to 30% of shares earmarked for individuals across multiple countries. Eight UK platforms have opened applications, and banks such as JPMorgan and BNP Paribas are part of the underwriting syndicate. Experts caution about the high valuation and limited voting rights.