SpaceX has set its IPO price range at $84 to $86 per share, with brokerage platforms like Charles Schwab, Fidelity, Robinhood, SoFi, and Morgan Stanley's E-Trade preparing to make shares available to retail investors. The exact allocation for individual investors remains unresolved, according to CNBC.
The highly anticipated offering marks a milestone for the private space company, which has long resisted going public. The IPO could value SpaceX at hundreds of billions, though specific valuation figures were not provided in the report.
Brokerages are positioning the shares as a way for everyday investors to gain exposure to the space economy. However, the retail allocation—what percentage of shares will go to individuals versus institutions—is still being negotiated.
The outcome of these negotiations will determine how easily small investors can participate. If institutional demand is high, retail investors may receive a smaller slice, limiting access to the stock.
Analysts caution that the IPO price range may shift depending on market conditions and final demand before listing.