Nicole Lapin

Well, right now, the record holder is Alibaba, which raised $22 billion in 2014.

So if SpaceX goes as planned, that would be 3x larger.

Some analysts are projecting that the scale and the single deal could exceed the total proceeds of every U.S.

IPO in 2024 and 2025 combined.

SpaceX CFO Brett Johnson has reportedly told the team of banks working on this deal that retail investors like you and me will be a bigger part of this IPO than any other in history.

Elon himself wants to reserve up to 30% of the offering for retail.

The industry norm is 5 to 10%.

Whether that's genuine appreciation for his supporters or a brilliant marketing move is conversation for another day.

But the fact that you're even being invited to the table is a really big deal.

But how should we treat this IPO and also IPOs in general?

Because the machine behind a public offering is complicated.

It's political.

And in the opinion of some very smart people, it's a system that is rigged.

But at the same time, IPOs do democratize access to companies that are making insiders rich.

And if you're thinking about participating in the SpaceX IPO or any other IPO for that matter, you do need to understand the game before you start playing.

By the way, if you don't want to wait until the IPO to invest in some of the buzziest private companies out there, clients of my firm, Private Wealth Collective, do get an allegation to the SpaceX IPO.

I'm going to explain exactly what that means later.

But if you're interested in getting access to more investments, you can always book a free intro call using the link in the show notes.

Okay, so we do know what happens at the end of the IPO.

You ring the bell and then retail investors can buy the stock, right?