SpaceX’s upcoming IPO, expected to value the company at about $1.8 trillion, has attracted demand several times greater than the shares available. Large institutional investors, including long-only funds, are leading orders, with some reportedly seeking allocations exceeding $10 billion. The offering is heavily oversubscribed, prompting banks to close order books ahead of the June 11 pricing date. If completed as expected, the listing would rank among the largest IPOs in history and mark a major milestone for the aerospace company.
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