The investor’s guide to the SpaceX IPO

As SpaceX announces they’re going public, in-house experts Jacki Neumann and Susannah Batley break down the initial public offering (IPO) process and SpaceX’s upcoming Nasdaq debut. Discover how companies come onto the exchange for the first time—and what’s different about this historic IPO. Find out what the SpaceX offer document reveals, including a total addressable market target almost equal to the entire GDP of the United States. The team evaluates Elon Musk’s iron grip on the company’s leadership, which US pension funds have called the “most management-favorable governance structure” in modern market history. And with retail seeing an unusually high 30% allocation from SpaceX, Jacqui and Susannah explain how institutional roadshows can create information asymmetry for retail investors. Plus, why Musk faces a unique 366-day lockup period before he can sell a single share. For more places to follow Shared Lunch—check out http://linktr.ee/sharedlunchShared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.