SpaceX IPO roadshow starts at $135 a share as Fidelity opens retail interest

SpaceX has begun its IPO roadshow at an expected $135 per share for 555,555,555 Class A shares, with trading expected to start on June 12, according to filing-based reporting and people familiar with the matter. Fidelity said retail brokerage customers with at least $2,000 in assets can submit indications of interest, while Payward, the parent of Kraken, said SpaceX is the first tokenized IPO offering on its xStocks platform, with expressions of interest open to Kraken users and xStocksAlliance participants in more than 110 markets, including the European Economic Area. New reporting from Crypto Briefing says SpaceX could allocate up to 25% of its planned $75 billion IPO to retail investors, underscoring how unusual the deal would be compared with conventional offerings and potentially widening direct public access if confirmed. Earlier reporting described the deal as oversubscribed, with indications of interest at about $150 billion versus a separately reported $75 billion deal size, though final pricing and allocations remain subject to bookbuilding.