SpaceX Gave Retail Investors Triple-Typical Share Allocation

SpaceX set aside 30% of IPO shares for retail investors—roughly triple the standard 10–20% allocation in U.S. public offerings. The oversized retail tranche reflects SpaceX's consumer-facing profile through Starlink and a deliberate strategy to broaden its shareholder base. Demand ran four times oversubscribed. First-day trading closed at $160.95, up 19% from the $135 offer price, compressing the lock-in discount those retail allocants captured.