SpaceX IPO Generates Rave Interest Ahead of Launch

SpaceX's upcoming IPO, valued at an impressive $75 billion, has already attracted more orders than the available shares, highlighting robust interest from institutional investors. This overwhelming demand suggests that the company is on track to potentially set a new record for the largest initial public offering to date.

Led by Elon Musk, SpaceX is poised to eclipse the previous record held by Saudi Aramco. With shares priced at $135 each, the valuation of the aerospace giant approaches a staggering $1.8 trillion, and experts anticipate trading to kick off around mid-June.