PANews reported on March 27th that, according to Cailian Press, news broke early Friday morning Beijing time that Elon Musk is discussing allocating up to 30% ofPANews reported on March 27th that, according to Cailian Press, news broke early Friday morning Beijing time that Elon Musk is discussing allocating up to 30% of
Musk reportedly plans to allocate 30% of SpaceX's new shares to retail investors, breaking with US IPO conventions.
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
PANews reported on March 27th that, according to Cailian Press, news broke early Friday morning Beijing time that Elon Musk is discussing allocating up to 30% of SpaceX's new shares to individual investors, relying on his fervent fan base to help stabilize the stock price after the IPO. In typical US IPOs, listed companies usually only allocate 5% to 10% of their shares to retail investors without lock-up restrictions. Previous reports indicated that SpaceX's IPO could raise $70-75 billion, targeting a valuation of $1.75 trillion. The previous global IPO record was held by Saudi Aramco's $29 billion IPO in its home market in 2019. Sources say that all parties expect SpaceX's IPO to see very strong retail investment demand, including wealthy family offices that have supported Musk for years, as well as small investors attracted by Musk's technological vision.
Market Opportunity
Ucan fix life in1day Price(1)
$0.0006044
$0.0006044$0.0006044
USD
Ucan fix life in1day (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Swap xStocks Tokens Instantly on StealthEX
Discover 10 xStocks tokenized stock tokens — TSLAX, NVDAX, SPYX & more — now available to swap for 2,000+ cryptos on StealthEX. No registration required. The post
Share
Stealthex2026/03/27 14:40
Ethereum Joins the Race to Become the AI Economy’s Base Layer
The post Ethereum Joins the Race to Become the AI Economy’s Base Layer appeared on BitcoinEthereumNews.com. The Ethereum Foundation is looking to make DeFi’s top blockchain the settlement and coordination layer for autonomous AI agents. The Ethereum Foundation is formally entering the artificial intelligence race with the launch of a new unit, the “dAI Team,” that aims to make Ethereum the “preferred settlement and coordination layer” for AI agents and the machine economy. The move comes as other networks, like NEAR Protocol and Solana, push similar efforts to develop blockchain-based infrastructure for the AI economy. In an X post on Monday, Sept. 15, dAI Team lead Davide Crapis, previously a researcher at the Ethereum Foundation, said that the initiative will focus in two directions: First, building tools that let AI agents and bots transact and follow rules without intermediaries; Second, developing a decentralized AI stack so that future AI development doesn’t depend on a small number of centralized companies. Part of the effort centers on ERC-8004, a new Ethereum standard and so-called “trust layer” in the works that’s meant to give AI agents something like an on-chain reputation score. “This standard extends the Agent‑to‑Agent (A2A) protocol with a trust layer that allows participants to discover, choose, and interact with agents across organizational boundaries without pre‑existing trust,” Crapis explained in a forum post describing the proposed standard. With ERC-8004, instead of blindly trusting a bot, users would be able to check an agent’s identity, see how it’s behaved in the past, and confirm whether it meets certain requirements through registries stored on Ethereum. As Crapis added in the post, the Ethereum Foundation will work closely with the Linux Foundation and A2A ecosystem stakeholders to “refine and improve the specifications of this extension.” Nick Johnson, lead developer at ENS, a protocol for blockchain-based domains, told The Defiant that the urgent challenge with AI is to develop “decentralised standards…
Share
BitcoinEthereumNews2025/09/18 02:16
UK Targets Southeast Asian Crypto Networks with Major Sanctions
The post UK Targets Southeast Asian Crypto Networks with Major Sanctions appeared on BitcoinEthereumNews.com. In a bold strategy to tackle crypto-enabled scams,
Share
BitcoinEthereumNews2026/03/27 14:22
