Elon Musk is ‘very misunderstood,' says SpaceX President Gwynne Shotwell

Gwynne Shotwell, SpaceX President and COO, discusses the company's historic market debut that included retail investors, driven by Elon Musk's vision to open space investment to everyday people. She highlights that 33% of the offering went to non-institutional buyers, reflecting pent-up demand from Tesla shareholders and SpaceX employees, and hopes this milestone will inspire more companies to allow retail participation. - Gwynne Shotwell explains that Elon Musk wanted the IPO to include regular retail investors, not just institutions. - 33% of the offering round went to individuals outside of traditional institutional allocations. - Strong demand came from Tesla shareholders and SpaceX employees who could not buy SpaceX stock before the offering. - Shotwell hopes this retail participation sets a precedent for other companies to allow everyday investors to buy stock.