SpaceX IPO demand is approaching four times oversubscribed : Reuters

Elon Musk's SpaceX (SPCX.O), opens new tab has drawn more than $250 billion of investor demand for what stands to be the largest-ever IPO, said people familiar with the matter on Tuesday, dwarfing the $75 billion the firm is seeking to raise.

The deal's oversubscription rate is running at three and a half to ​four times the planned offering size, sources said, which bankers and investors say is the latest sign that demand is strong, ​as Reuters reported on Friday. Long-only funds have put in what one source described as sizable orders. ⁠Musk briefly joined some Zoom meetings with potential investors, a source said.

Source : https://www.reuters.com/world/spacex-ipo-demand-is-approaching-four-times-oversubscribed-source-says-2026-06-09/