IllustrativeSpaceX IPO draws $150 billion in orders as institutional books close
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SpaceX's initial public offering has drawn significant interest, with institutional order books reportedly closing at $150 billion in orders. However, the total amount of orders from retail investors is unclear, with some reports suggesting it exceeds $70 billion. The offering is said to be oversubscribed, with some sources indicating it is two times oversubscribed, although the final pricing and outcome have not been determined.
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