SpaceX IPO Said to Be Significantly Oversubscribed
Jun 10, 2026 #spacex
SpaceX's initial public offering has attracted demand from institutional investors for multiple times the available shares, according to people familiar with the matter. Banks are expected to stop taking orders from institutional investors at the market close on Wednesday. The IPO is set to price June 11 and trade the following day. Bloomberg's Ed Ludlow reports.
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AI GeneratedSpaceX is preparing for a historic IPO with investor demand exceeding $250 billion. The offering is heavily oversubscribed, with a strong preference for long-only asset managers and some institutional orders reaching $10 billion. The IPO was pre-priced at $135, signaling high confidence ahead of its market debut.