SpaceX IPO Sets Record Low 4.25% Initial Public Float Among Major U.S. Tech Companies

According to BlockBeats, SpaceX (SPCX) initiated trading on June 17 with an initial public float of 4.25%, the lowest ratio among major U.S. tech IPOs. The company issued 555,555,555 shares with a total post-IPO common stock of 13,075,865,175 shares. This compares to Google (2004) at 7.23%, Zoom (2019) at 8.14%, and Reddit (2024) at 13.84%. The limited float structure may amplify price volatility in secondary markets as demand remains high, though future unlock periods will expand tradable shares.
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