Musk's 1.8 trillion SpaceX IPO could be 'highly undesirable' for some

Musk's $1.8 trillion SpaceX IPO could be'highly undesirable' for some SpaceX is expected to debut on the United States' public markets on Friday in what will be the largest initial public offering (IPOs). Artificial intelligence (AI) giants OpenAI and Anthropic are also widely expected to go public soon, and thanks to a new rule change by tech stock exchange Nasdaq, individual investors could own stock of these companies when they go public in as soon as 15 business days following its first trading day. SpaceX's IPO is generating buzz among retail investors. The Elon Musk-led company is expected to allocate 20 percent of shares to retail investors and has drawn roughly $70bn in orders, according to the Reuters news agency. Historically, there is a waiting period between when a company goes public and when it is listed on the Nasdaq-100 index and/or S&P 500.