--- type: "Topics" locale: "zh-CN" url: "https://longbridge.com/zh-CN/topics/39573439.md" description: "SpaceX IPO reserves 30% for retail investors, Musk is genuinely helping ordinary people this time. Everyone knows the unwritten rules of US stock IPOs: when a good company goes public, institutions get the meat, retail investors get the broth. Retail investors typically only get allocated 5%-10% of the shares. By the time you can buy in, the first wave of gains has already been scooped up by the institutions.But this SpaceX IPO is different. Musk wants to reserve 30% of the IPO shares for retail investors. This isn't just for show. He's serious.According to Reuters, SpaceX plans to IPO with a valuation of around $1.75 trillion, raising up to $750 billion—if successful, it would surpass Saudi Aramco's $294 billion record from 2019 to become the largest IPO in human history.In this deal, Musk's team is pushing to allocate 20%-30% of the shares to individual investors. Based on $750 billion, 30% is $225 billion directly accessible to ordinary people.When Facebook went public in 2012, it only gave retail investors about 15%, which was already called "unprecedentedly retail-friendly" by the media. SpaceX is doubling that.The execution is also practical: Bank of America handles the high-net-worth client channel, while Morgan Stanley covers ordinary retail accounts through E*TRADE. These two pipelines ensure the shares actually reach individual investors' hands, not just get snatched up by institutions under a different name.Why is Musk doing this? Honestly, any other CEO would never do this. Giving shares to institutions, locking in large orders, ensuring a smooth IPO day—that's the standard Wall Street playbook.But Musk never plays by the rules.Recall the Tesla story. During the 2020 surge, it wasn't Goldman Sachs or BlackRock that held off the short sellers; it was the millions of retail investors holding onto their few hundred or thousand shares, refusing to sell. They encouraged each other on Twitter, analyzed fundamentals on forums, and voted with their real money. Throughout Tesla's rise from $40 to $400, retail investors were the most steadfast allies.Musk remembered that. Musk doesn't want "smart money"; he wants "conviction money." And history has shown that conviction money often holds on longer than smart money. What does this mean for retail investors?This might be the first time ordinary investors get a truly meaningful allocation in a super-unicorn IPO.SpaceX's fundamentals also justify this trust. Starlink is already profitable, with 2025 revenue projected to exceed $120 billion, covering over 100 countries globally. Starship holds long-term NASA contracts, with commercial launch orders booked into the year after next. This isn't a company burning cash on stories; it's a space infrastructure giant with real cash flow, technological moats, and government backing.Of course, a $1.75 trillion valuation isn't cheap, and the subscription threshold and lock-up period details haven't been announced yet. But the mere act of "reserving 30% for retail" has already changed the game.For decades, wealth distribution in the IPO market has been tilted towards institutions. Retail investors are always the last to the table, and by the time you sit down, the good dishes are already gone.This time, Musk has at least left a few hard dishes on the table.$Tesla(TSLA.US)" datetime: "2026-03-27T09:00:11.000Z" locales: - [en](https://longbridge.com/en/topics/39573439.md) - [zh-CN](https://longbridge.com/zh-CN/topics/39573439.md) - [zh-HK](https://longbridge.com/zh-HK/topics/39573439.md) author: "[SpaceM](https://longbridge.com/zh-CN/profiles/7317605.md)" --- > 支持的语言: [English](https://longbridge.com/en/topics/39573439.md) | [繁體中文](https://longbridge.com/zh-HK/topics/39573439.md) # SpaceX IPO reserves 30% for retail investors, Musk… ### 相关股票 - [Meta Platforms (META.US)](https://longbridge.com/zh-CN/quote/META.US.md) - [Tesla (TSLA.US)](https://longbridge.com/zh-CN/quote/TSLA.US.md) - [Destiny Tech100 (DXYZ.US)](https://longbridge.com/zh-CN/quote/DXYZ.US.md) ## 评论 (24) - **Don Lo · 2026-03-29T09:41:25.000Z**: Tiger has a chance to get it. - **Blade · 2026-03-29T05:14:31.000Z**: Platforms like Longbridge and Futu seem unable to participate in this new offering. - **Mell · 2026-03-29T01:50:25.000Z**: moomoo is highly likely to be listed soon. - **Debruyy · 2026-03-27T13:01:29.000Z · 👍 2**: There's no such thing as a guaranteed profitable business. If the development of the space data center encounters any problems, or if a better computing power solution emerges on the ground, SpaceX's valuation could crash instantly.How many payloads can Starlink utilize? - **一心戒赌总失败 · 2026-03-27T11:52:13.000Z · 👍 2**: I understand this is harvesting you,You understand this is giving you money🤣🤣🤣 - **junadv** (2026-03-27T16:07:41.000Z): You first need to have a yield that exceeds his... - **甜甜圈up** (2026-03-28T04:14:23.000Z): You believe the yield rate from Longbridge? - **junadv** (2026-03-28T06:45:16.000Z): Is your yield rate inaccurate? - **阿里巴巴12 · 2026-03-27T11:23:29.000Z**: Tiger has a chance to get it. - ***烟火声* · 2026-03-27T11:21:54.000Z**: Indirectly held - **SpaceM · 2026-03-27T11:20:47.000Z · 👍 14**: I'll go ask Longbridge if they can get the goods, bros. - **ʕ•ﻌ•ʔ** (2026-03-27T11:22:57.000Z): Thank you, StockPro💗 - **Lizhi** (2026-03-27T11:53:56.000Z): Help me do some backroom dealing. - **RUI RUI · 2026-03-27T11:19:34.000Z**: What a pity that Longbridge doesn't support applying for US stock IPOs! 😂😂😂 - **追涨杀跌. · 2026-03-27T10:31:14.000Z**: So can I buy? - **ʕ•ﻌ•ʔ · 2026-03-27T09:44:22.000Z**: If it's true, then take out a loan. - **晴€ · 2026-03-27T09:43:44.000Z**: It seems like you can only use Robinhood to apply for an IPO, right? - **SpaceM · 2026-03-27T09:08:35.000Z**: US stocks are not fought for; they are allocated by brokers based on relationships. - **热情与希望** (2026-03-27T09:10:57.000Z): Which brokerage firms can issue SPX? - **赛博的火栗子** (2026-03-27T10:05:55.000Z): Can we buy it on Longbridge? - **ʕ•ﻌ•ʔ** (2026-03-27T11:22:09.000Z): It's almost certainly not worth thinking about; there's not even enough for Morgan Stanley itself to distribute.To open an E*TRADE account, you need: a US address and SSN/ITIN; non-US residents are no - **热情与希望 · 2026-03-27T09:05:44.000Z · 👍 1**: Can Longbridge trade SPX? - **ʕ•ﻌ•ʔ** (2026-03-27T11:22:22.000Z): Don't think about it anymore. - **脆皮大学牲 · 2026-03-27T09:04:20.000Z · 👍 1**: Can Longbridge apply for new US stock IPOs? I haven't seen any that allow applying for new shares yet 😭