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SpaceX IPO to Open Retail Access in Potential Record-Breaking Summer Offering

SpaceX plans to make approximately 30% of shares available to retail investors through major brokerages including Robinhood, Fidelity and Charles Schwab in a June offering that could become the largest initial public offering in history. The aerospace and satellite company is targeting up to $75 billion in the fundraising, far exceeding Alibaba's previous record $22 billion debut in 2014. While retail investors historically receive just 10% of IPO allocations, the SpaceX structure represents a significant departure from typical market practice. Historically, stocks have appreciated an average of 19% from offering price on their first trading day between 1980 and 2025. However, investors face allocation limits in high-demand offerings, and experts caution that not all investors should participate in IPOs.