Biggest-ever IPO: Retail investors line up, bid over $70 billion for SpaceX

Retail investors are expected to be allocated at least 20% of the available shares, the people said. At a $75 billion IPO size, which would be the largest on record, that allocation would leave the bulk of demand from individual investors unfulfilled. Leaving large numbers of Elon Musk’s fans empty-handed in the IPO would likely amplify demand for the shares once they begin trading.