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'Avoid trading this like the plague': Should you invest in SpaceX IPO?
Elon Musk's SpaceX is set to debut on stock market this week. It could become the biggest stock market debut in history, with the company expected to raise nearly $75 billion at a valuation of about $1.77 trillion, as per various analysts. Elon Musk is expected to reserve an unusually large share of the offering for individual investors, potentially more than 20 per cent of the shares on sale, compared with the 5-7 per cent typically allocated in an IPO.