Bloomberg: SpaceX IPO Oversubscribed by Over Four Times

SpaceX has attracted investment demand exceeding four times its target in its initial public offering (IPO), Bloomberg reported on June 10 (local time), citing multiple sources.

For this offering, SpaceX set a goal to raise a total of $75 billion by selling approximately 556 million shares of Class A common stock at $135 per share.

In this scenario, the company's market capitalization would reach $1.8 trillion.

SpaceX is set to finalize the offering price today, June 11, with the stock scheduled to be listed on the Nasdaq tomorrow, June 12.

This SpaceX IPO is expected to be the largest in history in terms of both the amount raised and market capitalization.

The previous record for the largest IPO was held by Saudi Aramco in 2019, which raised $29.4 billion.
※ Please note: This article was translated by AI and may contain errors.