What Happened
Elon Musk's Company Sees Strong Demand for Record-Breaking Listing
SpaceX’s initial public offering has received more orders than shares available, according to people familiar with the matter, as reported by Bloomberg. The $75 billion IPO, which could value the company at roughly $1.8 trillion, includes about 555.6 million shares at $135 each. This development puts SpaceX on the verge of setting the record for the biggest-ever listing. The strong demand for the IPO was first reported by Bloomberg.