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Lesson

SpaceX IPO: How to Buy Shares

Read this news story in English at three levels, easy, standard, and advanced (B1–C1) — with vocabulary and a comprehension quiz.

SpaceX plans to launch its IPO on June 12, aiming to raise $75 billion. Individual investors can buy shares through various platforms.

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Standard version (B1–B2)

SpaceX is set to launch its initial public offering (IPO) on June 12, with plans to raise $75 billion. The shares will be available on the Nasdaq and will be priced based on investor interest. Individual investors can purchase shares through various brokers, including AJ Bell and Hargreaves Lansdown in the UK, and Charles Schwab and Robinhood in the US. Notably, a larger portion of shares is reserved for individual investors compared to typical IPOs.

Lesson audio

Standard level

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0:30

Test your understanding

01When is the SpaceX IPO scheduled?

02How much does SpaceX plan to raise from the IPO?

03What is the valuation of SpaceX shares?

04Which brokers are mentioned for buying SpaceX shares in the UK?

Discussion

What are the potential risks of investing in an IPO like SpaceX?

Vocabulary

  • IPO word

    Initial Public Offering, when a company sells its shares to the public for the first time.

    The SpaceX IPO is expected to be the largest in history.

  • broker word

    A person or company that buys and sells shares for clients.

    You can buy shares through a broker like AJ Bell.

  • valuation word

    The estimated worth of a company.

    SpaceX has a valuation of $135 per share.

  • investor word

    A person who puts money into financial schemes with the expectation of achieving a profit.

    Individual investors can buy shares in the SpaceX IPO.

  • fund word

    A pool of money used for investment purposes.

    Some funds may choose to invest in SpaceX shares.