SpaceX IPO Draws Billions in Orders

SpaceX is preparing for its initial public offering (IPO) with significant investor interest, as reported by Bloomberg. The company plans to offer 555.6 million shares at a fixed price of $135 per share, a move that could raise approximately $75 billion. This offering is slated to commence trading on June 12. If successful, SpaceX's IPO is projected to become the largest in history, surpassing Saudi Aramco's $29.4 billion listing in 2019. The substantial valuation underscores the high demand and confidence investors have in SpaceX's future growth and market position.