SpaceX Handed Retail Investors Triple the Typical IPO Share Quota

SpaceX reserved 30% of IPO shares for retail investors—roughly three times the standard 10–20% slice. The enlarged allocation reflects Starlink's consumer reach and a deliberate push to widen the shareholder base. Demand hit four times oversubscribed. First-day trading closed at $160.95, up 19% from the $135 offer price, narrowing the opening-day gain those early retail buyers captured.