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SpaceX’s initial public offering has attracted demand for more than four times the available shares, according to people familiar with the matter, ahead of the Elon Musk-led rocket, satellite and artificial intelligence firm stopping taking orders.
Tech stocks and crypto are selling off in a “classic pre-mega-IPO liquidity squeeze,” say analysts.
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SpaceX’s initial public offering has attracted institutional orders for multiple times the available shares, according to people familiar with the matter. Multiple investors have individually placed orders of $10 billion or more. Banks leading the deal told investors on Tuesday that demand incr...
Sources tell Bloomberg that SpaceX’s initial public offering is well oversubscribed with multiple institutional investors placing orders for about $10 billion or more of shares. Elon Musk's company is leading a race to list against both OpenAI and Anthropic. The Opening Trade has everything y...