SpaceX holds closed-door talks with Wall Street ahead of its IPO, planning to reserve approximately 30% of its shares for retail investors.

SpaceX will hold a three-day closed-door analyst meeting in the US this week to present its business and strategy to Wall Street firms in preparation for a potential IPO. Sources say the company aims to raise approximately $75 billion, valuing the company at $1.75 trillion, with a listing planned as early as June. The meeting will cover SpaceX's Starbase launch site in Texas and its data center project in Tennessee. Participating analysts will be required to hand over electronic devices to ensure confidentiality. This roadshow is a crucial step in the IPO process, followed by a model presentation to further disclose financial and growth expectations. In addition, the company plans to reserve approximately 30% of its shares for retail investors and expand into global markets. Several Wall Street investment banks have already participated in the underwriting arrangements. (Reuters)