
SpaceX Secures Over $70 Billion in Retail Orders for Upcoming IPO
SpaceX's Record-Breaking IPO Attracts Over $70 Billion in Orders
SpaceX's highly anticipated initial public offering (IPO) has seen a staggering response from retail investors, with over $70 billion in orders received, according to people familiar with the matter. This comes as the potentially record-breaking debut enters its final stages.
Retail investors are expected to be allocated at least 20% of the available shares, leaving the bulk of demand from individual investors unfulfilled. At a proposed IPO size of $75 billion, which would be the largest on record, this allocation would leave a significant portion of demand unmet.
Elon Musk's strong retail following, built during his tenure at Tesla Inc., is expected to amplify demand for SpaceX shares once they begin trading. Approximately 40% of Tesla's shares are owned by retail investors, according to estimates by BNP Paribas analyst James Picariello.






