SpaceX has officially filed its S-1 filing, explicitly offering Class A common stock directly to retail investors, breaking with Wall Street convention. Participating platforms: Charles Schwab, Fidelity, Robinhood, SoFi Securities, ETRADE Retail allocation: Up to 30% (3-6 times that of a typical IPO), same price for all shares, possible elimination of the 6-month lock-up period Target valuation: $1.75-2 trillion, raising $75-80 billion, listing as early as June 12th Risk warning: The company is still unprofitable (Q1 net loss of $4.28 billion), Musk holds 85% of the voting rights, and retail investor sentiment may exacerbate volatility. #SpaceXIPO #SPCX #RetailInvesting