SpaceX mega-IPO draws ~4x oversubscribed demand as Wall Street gauges record-scale retail and governance trade-offs
SpaceX’s approaching IPO is drawing investor demand that a source says is approaching four-times oversubscription, far exceeding the roughly $75 billion the company is seeking to raise. The listing is framed as a potential market record and a stress test for retail participation and emerging tokenized-stock mechanics amid shifting rate expectations.