Waiting for the SpaceX IPO?
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Wall Street has seen plenty of blockbuster IPOs — but few have generated as much anticipation as SpaceX. Elon Musk’s rocket-and-satellite empire has changed the way investors think about space — from a far-off government project to a real, fast-growing commercial industry. Between reusable rockets, satellite internet and ambitious plans for Mars, SpaceX has turned the final frontier into a Wall Street obsession.
Top Picks Reports suggest SpaceX is targeting a valuation (1) of at least $1.8 trillion in its IPO, with the company expected to make its historic stock-market debut this month. For everyday investors, there’s just one problem: getting shares at the IPO price may not be easy. The biggest allocations often go to institutions and wealthy clients first, leaving regular investors fighting for whatever is left — if they get access at all.