Key facts
- SpaceX's initial public offering was valued at $86.2 billion.
- Customers at Robinhood, Charles Schwab, Fidelity Investments, and SoFi Technologies Inc. received at least one share.
- The allocation strategy was designed to ensure individual investors had a significant role.
SpaceX's recent initial public offering, valued at $86.2 billion, ensured that customers at several major US retail brokerage firms received at least one share. Representatives from Robinhood Markets Inc., Charles Schwab Corp., Fidelity Investments, and SoFi Technologies Inc. confirmed that all eligible customers who placed requests were allocated some stock. This allocation strategy underscores the offering's design to provide individual investors with a substantial role in the company's public debut.