SpaceX IPO Attracts Over $250B Investment Demand with 3.5-4x Oversubscription

According to Reuters on June 10, SpaceX's IPO has attracted over $250 billion in investment demand, achieving 3.5 to 4 times oversubscription and far exceeding its planned $75 billion fundraising target. Long-term funds have submitted large orders, and Elon Musk briefly attended portions of investor Zoom roadshow meetings.

SpaceX President Gwynne Shotwell and CFO Bret Johnsen met with approximately 300 institutional investors at a Morgan Stanley lunch in Manhattan on Tuesday. IPO pricing is expected to be completed Thursday afternoon.

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