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via BeInCrypto · By BeInCrypto Editorial

SpaceX to Close IPO Order Books Wednesday as Demand Hits $150 Billion

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BeInCrypto Editorial
(04:56 PM UTC)
1 min read
SC
Reviewed bySarah Chen
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SpaceX will stop taking orders for its initial public offering on Wednesday after United States markets close. Demand has already reached about $150 billion for a deal seeking $75 billion.

The total means the offering is roughly two times oversubscribed. Underwriters now set final allocations and pricing, expected June 11, before Nasdaq trading begins.

A Record Listing Takes Shape

The sale ranks as…

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BeInCrypto Editorial · BeInCrypto

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