SpaceX’s $75 billion IPO is massively oversubscribed, with single investors placing $10 billion orders
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 increased further after management meetings, and the offering was described as well oversubscribed. […]<br /> This story continues at The Next Web [...]
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