Thousands of insiders, including employees and investors, hold pre-IPO shares ahead of SpaceX’s record-setting public offering.
SpaceX is set to launch its $75 billion initial public offering on June 12, marking the largest IPO in history. The company will offer 555,555,555 shares to the public, attracting significant investor attention globally.
Early stakeholders, including employees, celebrities, and former officials, already hold equity in the firm. Some, like mariner Maryellyn Musselman, allocated portions of their paychecks to SpaceX shares, opting to retain them rather than sell in secondary markets.
The IPO is expected to sharply increase the value of existing stakes, though insiders remain quiet on current valuations. Market anticipation builds as the offering approaches.