The company is currently navigating the early stages of its marketing process, leaving room for potential shifts in demand before final pricing occurs. Sources familiar with the confidential process confirmed the figures on Friday, though they cautioned that the final valuation remains subject to change. SpaceX is scheduled to set its official price on June 11, with shares expected to begin trading on the Nasdaq the following day.
SpaceX IPO Draws Double Interest Ahead of Nasdaq Debut
Investors have signaled demand totaling $150 billion for the upcoming SpaceX initial public offering, effectively doubling the $75 billion target set by the aerospace giant. While market watchers often view such ratios as modest for high-profile debuts, the sheer scale of the capital involved marks this as the largest IPO in history.
Despite the significant interest, the firm has maintained silence regarding the specifics of the offering. Representatives for SpaceX did not respond to requests for comment on the reported oversubscription. Market participants tracking the deal note that sustaining this momentum through the final pricing phase will be critical for a debut of this magnitude.
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