Musk's SpaceX IPO jolts life back into European retail investing - Reuters
Musk's SpaceX IPO jolts life back into European retail investing Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"The retail interest here is unlike any other deal, investors want to be part of the dream."
— Ygal El Harrar , Executive
"It is a company that is making huge losses and at the price it’s coming to market, it’s at 100 times price to sales, which is extremely high."
— Meziane Lasfer , Academic
"This new approach could set a precedent for other foreign firms targeting UK buyers."
— Mike Coombes , Executive
Key People
Elon Musk is the CEO of SpaceX and Tesla.
Meziane Lasfer is a Professor of Finance at Bayes Business School in London.
Mike Coombes is the chief operating officer of British retail investment platform PrimaryBid.
Ygal El Harrar is the global head of equity capital markets at BNP Paribas.
All Coverage
<a href="https://news.google.com/rss/articles/CBMiuwFBVV95cUxOd3BhSzBzQU9lSHlpeGd1TmxaQXJINEpNMHBKNzI1RjhhTF9zMEtuN2tkQ2lTZTNpSW94OWZySXpkaWdhLXZpZUJuQTNmVkp6ak5jejF0dmpxWmtBclhGcnh1dFR6WGVOZW0wdi1ZMUJ2a3lsaVdjcjNXd3ozd1lJZ01tbzV5c0REVDRCWDcwNU5KRlNDZHRHSkFiSXlRbHRaYVBoYUtmdGZJS2dTaVR6bHdVSFFMcnY0STZV?oc=5" target="_blank">Musk's SpaceX IPO jolts life back into European retail investing</a> <font color="#6f6f6f">Reuters</font>
European retail investors are eagerly participating in SpaceX's upcoming IPO, with the company allocating up to 30% of shares to individual investors across several European countries, aiming to rejuvenate the region's retail investment culture.
SpaceX's IPO promotional video effectively communicates Elon Musk's vision of space exploration, artificial intelligence, and asteroid mining, aiming to attract individual investors to the company's upcoming public offering.
SpaceX plans to raise up to $75 billion in its IPO, aiming for a valuation of $1.77 trillion, potentially making Elon Musk the world's first trillionaire.
European retail investors are eagerly participating in SpaceX's upcoming IPO, with offerings planned across multiple countries, though experts advise caution due to the company's high valuation and potential risks for individual investors.
SpaceX has set its IPO price, valuing the company at $1.75 trillion, ahead of its record-breaking stock market debut, despite ongoing operational losses.
European retail investors are among those jockeying for a piece of the hotly anticipated SpaceX initial public offering, but some observers warn the deal could prove a bumpy ride for those without the resources that institutional investors have behind them.
European retail investors are among those jockeying for a piece of the hotly anticipated SpaceX initial public offering, but some observers warn the deal could prove a bumpy ride for those without the resources that institutional investors have behind them.
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