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SpaceX cuts retail IPO allocation to low 20% range, source says
Investor summaryNeutral
SpaceX reportedly cuts retail IPO allocation to the low 20% range amid strong institutional demand.
Bull points
- Strong institutional demand is likely absorbing the IPO shares.
- High market interest and confidence in SpaceX's upcoming IPO.
Bear points
- Retail investors are being squeezed out of the IPO allocation.
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