SpaceX IPO Running At Two Times Oversubscribed, Sources Say

Reuters06-06 07:25

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Comments

Be Humble
06-06 09:25
Be Humble
Many ppl digest bitcoin into SpaceX
neo26000
06-06 07:31
neo26000
Many liquidating on Friday to invest in ET...nice [LOL] [Grin] [Sly]

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Investor demand is still subject to change before the IPO prices next week.</p><p style=\"text-align: left;\">The sources added that some large institutional investors tend to submit orders late in IPO processes, and that current subscription figures reflect indications of interest rather than final allocations, which will be set at pricing.</p><p style=\"text-align: left;\">The sources requested anonymity because the matter is confidential. SpaceX did not respond to a request for comment. Bloomberg reported on Friday that the IPO was oversubscribed.</p><p style=\"text-align: left;\">SpaceX launched a campaign this week to persuade investors that its IPO is a gateway to trillions of dollars in new markets being opened by its space-launch, internet-connection and AI businesses.</p><p style=\"text-align: left;\">&#34;Lots of people will have to explain why they don&#39;t own it rather than justifying a decision to buy it,&#34; said a hedge fund manager.</p><p style=\"text-align: left;\">The roadshow presentation emphasized the uniqueness of SpaceX&#39;s rocket-launching business, which it said has accounted for the lion&#39;s share of mass lofted into orbit in the past three years, and the strength of the company&#39;s Starlink internet business.</p><p style=\"text-align: left;\">SpaceX also touted a $23 trillion market opportunity it says awaits its artificial intelligence offerings, adding it is the only company that can escape the limitations of earthbound businesses and use space to build AI compute capacity that it expects to draw enormous demand in the future.</p><p style=\"text-align: left;\">U.S. electricity generation and computer-capacity growth have lagged behind that of China, partly because of hurdles facing large projects in the U.S., according to SpaceX. The company said that shortfall can be remedied by putting data centers and other infrastructure in space using SpaceX launches.</p><p style=\"text-align: left;\">&#34;By dramatically reducing the cost of access to space, we have been able to expand our mission to address some of the Earth&#39;s most pressing challenges, including bridging the digital divide by aiming to connect over three billion unconnected people to the internet and humanity&#39;s collective knowledge,&#34; SpaceX said in the roadshow presentation.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SpaceX IPO Running At Two Times Oversubscribed, Sources Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpaceX IPO Running At Two Times Oversubscribed, Sources Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-06-06 07:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\">NEW YORK, June 5 (Reuters) - SpaceX SPCX.O has drawn investor demand of about $150 billion for its IPO, about double the $75 billion it is seeking to raise, said two people familiar with the matter on Friday.</p><p style=\"text-align: left;\">An oversubscription rate of two times would be considered modest for most highly anticipated market flotations, but bankers and investors said that demand is impressive for the SpaceX offering since it is the largest IPO ever.</p><p style=\"text-align: left;\">The company remains in the early stages of the marketing process, sources cautioned. Investor demand is still subject to change before the IPO prices next week.</p><p style=\"text-align: left;\">The sources added that some large institutional investors tend to submit orders late in IPO processes, and that current subscription figures reflect indications of interest rather than final allocations, which will be set at pricing.</p><p style=\"text-align: left;\">The sources requested anonymity because the matter is confidential. SpaceX did not respond to a request for comment. 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The company said that shortfall can be remedied by putting data centers and other infrastructure in space using SpaceX launches.</p><p style=\"text-align: left;\">&#34;By dramatically reducing the cost of access to space, we have been able to expand our mission to address some of the Earth&#39;s most pressing challenges, including bridging the digital divide by aiming to connect over three billion unconnected people to the internet and humanity&#39;s collective knowledge,&#34; SpaceX said in the roadshow presentation.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SPCX","symbol_name":"SPAC and New Issue ETF","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260605:nL6N42D107:2","article_id":"2641866147","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2641866147","pubTimestamp":1780701922,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"UPDATE 1-SpaceX IPO running at two times oversubscribed, sources sayAdds detail on space-based business, quotes from an investor and the roadshow presentationBy Isla Binnie and Echo Wang. \"By dramatically reducing the cost of access to space, we have been able to expand our mission to address some of the Earth's most pressing challenges, including bridging the digital divide by aiming to connect over three billion unconnected people to the internet and humanity's collective knowledge,\" SpaceX said in the roadshow presentation.  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SPCX":"SPAC and New Issue ETF"},"translate_title":"消息人士称，SpaceX IPO超额认购两倍","themeId":"aa116c3c987242cca9d2a1f02bc3253f","isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/64d252d425f7d7962fb35287e1c568d2","symbols_score_info":{"SPCX":0.9},"content_text":"NEW YORK, June 5 (Reuters) - SpaceX SPCX.O has drawn investor demand of about $150 billion for its IPO, about double the $75 billion it is seeking to raise, said two people familiar with the matter on Friday.An oversubscription rate of two times would be considered modest for most highly anticipated market flotations, but bankers and investors said that demand is impressive for the SpaceX offering since it is the largest IPO ever.The company remains in the early stages of the marketing process, sources cautioned. Investor demand is still subject to change before the IPO prices next week.The sources added that some large institutional investors tend to submit orders late in IPO processes, and that current subscription figures reflect indications of interest rather than final allocations, which will be set at pricing.The sources requested anonymity because the matter is confidential. SpaceX did not respond to a request for comment. Bloomberg reported on Friday that the IPO was oversubscribed.SpaceX launched a campaign this week to persuade investors that its IPO is a gateway to trillions of dollars in new markets being opened by its space-launch, internet-connection and AI businesses.\"Lots of people will have to explain why they don't own it rather than justifying a decision to buy it,\" said a hedge fund manager.The roadshow presentation emphasized the uniqueness of SpaceX's rocket-launching business, which it said has accounted for the lion's share of mass lofted into orbit in the past three years, and the strength of the company's Starlink internet business.SpaceX also touted a $23 trillion market opportunity it says awaits its artificial intelligence offerings, adding it is the only company that can escape the limitations of earthbound businesses and use space to build AI compute capacity that it expects to draw enormous demand in the future.U.S. electricity generation and computer-capacity growth have lagged behind that of China, partly because of hurdles facing large projects in the U.S., according to SpaceX. The company said that shortfall can be remedied by putting data centers and other infrastructure in space using SpaceX launches.\"By dramatically reducing the cost of access to space, we have been able to expand our mission to address some of the Earth's most pressing challenges, including bridging the digital divide by aiming to connect over three billion unconnected people to the internet and humanity's collective knowledge,\" SpaceX said in the roadshow presentation.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding,corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":true,"code":"91000000","status":"200"},"commentList":[{"id":572156439589480,"gmtCreate":1780709112486,"gmtModify":1780712711162,"author":{"id":"4163720592592452","authorId":"4163720592592452","name":"Be Humble","avatar":"https://community-static.tradeup.com/news/3425b97e5699c0b40cf3ff7d69054fc0","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[{"badgeId":"972123088c9646f7b6091ae0662215be-2","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","isScarce":0,"effectEnabled":0,"redirectLinkEnabled":0,"redirectLinkValidityFrom":0,"redirectLinkValidityTo":9223372036854776000}],"authorIdStr":"4163720592592452","idStr":"4163720592592452"},"htmlText":"Many ppl digest bitcoin into SpaceX","listText":"Many ppl digest bitcoin into SpaceX","text":"Many ppl digest bitcoin into SpaceX","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/572156439589480","repostId":2641866147,"repostType":2,"repost":{"id":"2641866147","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1780701922,"share":"https://ttm.financial/m/news/2641866147?lang=en_US&edition=fundamental","pubTime":"2026-06-06 07:25","market":"fut","language":"en","title":"SpaceX IPO Running At Two Times Oversubscribed, Sources Say","url":"https://stock-news.laohu8.com/highlight/detail?id=2641866147","media":"Reuters","summary":"UPDATE 1-SpaceX IPO running at two times oversubscribed, sources sayAdds detail on space-based business, quotes from an investor and the roadshow presentationBy Isla Binnie and Echo Wang. \"By dramatically reducing the cost of access to space, we have been able to expand our mission to address some of the Earth's most pressing challenges, including bridging the digital divide by aiming to connect over three billion unconnected people to the internet and humanity's collective knowledge,\" SpaceX said in the roadshow presentation.  ","content":"<html><head></head><body><p style=\"text-align: left;\">NEW YORK, June 5 (Reuters) - SpaceX SPCX.O has drawn investor demand of about $150 billion for its IPO, about double the $75 billion it is seeking to raise, said two people familiar with the matter on Friday.</p><p style=\"text-align: left;\">An oversubscription rate of two times would be considered modest for most highly anticipated market flotations, but bankers and investors said that demand is impressive for the SpaceX offering since it is the largest IPO ever.</p><p style=\"text-align: left;\">The company remains in the early stages of the marketing process, sources cautioned. Investor demand is still subject to change before the IPO prices next week.</p><p style=\"text-align: left;\">The sources added that some large institutional investors tend to submit orders late in IPO processes, and that current subscription figures reflect indications of interest rather than final allocations, which will be set at pricing.</p><p style=\"text-align: left;\">The sources requested anonymity because the matter is confidential. SpaceX did not respond to a request for comment. Bloomberg reported on Friday that the IPO was oversubscribed.</p><p style=\"text-align: left;\">SpaceX launched a campaign this week to persuade investors that its IPO is a gateway to trillions of dollars in new markets being opened by its space-launch, internet-connection and AI businesses.</p><p style=\"text-align: left;\">&#34;Lots of people will have to explain why they don&#39;t own it rather than justifying a decision to buy it,&#34; said a hedge fund manager.</p><p style=\"text-align: left;\">The roadshow presentation emphasized the uniqueness of SpaceX&#39;s rocket-launching business, which it said has accounted for the lion&#39;s share of mass lofted into orbit in the past three years, and the strength of the company&#39;s Starlink internet business.</p><p style=\"text-align: left;\">SpaceX also touted a $23 trillion market opportunity it says awaits its artificial intelligence offerings, adding it is the only company that can escape the limitations of earthbound businesses and use space to build AI compute capacity that it expects to draw enormous demand in the future.</p><p style=\"text-align: left;\">U.S. electricity generation and computer-capacity growth have lagged behind that of China, partly because of hurdles facing large projects in the U.S., according to SpaceX. The company said that shortfall can be remedied by putting data centers and other infrastructure in space using SpaceX launches.</p><p style=\"text-align: left;\">&#34;By dramatically reducing the cost of access to space, we have been able to expand our mission to address some of the Earth&#39;s most pressing challenges, including bridging the digital divide by aiming to connect over three billion unconnected people to the internet and humanity&#39;s collective knowledge,&#34; SpaceX said in the roadshow presentation.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SpaceX IPO Running At Two Times Oversubscribed, Sources Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpaceX IPO Running At Two Times Oversubscribed, Sources Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-06-06 07:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\">NEW YORK, June 5 (Reuters) - SpaceX SPCX.O has drawn investor demand of about $150 billion for its IPO, about double the $75 billion it is seeking to raise, said two people familiar with the matter on Friday.</p><p style=\"text-align: left;\">An oversubscription rate of two times would be considered modest for most highly anticipated market flotations, but bankers and investors said that demand is impressive for the SpaceX offering since it is the largest IPO ever.</p><p style=\"text-align: left;\">The company remains in the early stages of the marketing process, sources cautioned. Investor demand is still subject to change before the IPO prices next week.</p><p style=\"text-align: left;\">The sources added that some large institutional investors tend to submit orders late in IPO processes, and that current subscription figures reflect indications of interest rather than final allocations, which will be set at pricing.</p><p style=\"text-align: left;\">The sources requested anonymity because the matter is confidential. SpaceX did not respond to a request for comment. Bloomberg reported on Friday that the IPO was oversubscribed.</p><p style=\"text-align: left;\">SpaceX launched a campaign this week to persuade investors that its IPO is a gateway to trillions of dollars in new markets being opened by its space-launch, internet-connection and AI businesses.</p><p style=\"text-align: left;\">&#34;Lots of people will have to explain why they don&#39;t own it rather than justifying a decision to buy it,&#34; said a hedge fund manager.</p><p style=\"text-align: left;\">The roadshow presentation emphasized the uniqueness of SpaceX&#39;s rocket-launching business, which it said has accounted for the lion&#39;s share of mass lofted into orbit in the past three years, and the strength of the company&#39;s Starlink internet business.</p><p style=\"text-align: left;\">SpaceX also touted a $23 trillion market opportunity it says awaits its artificial intelligence offerings, adding it is the only company that can escape the limitations of earthbound businesses and use space to build AI compute capacity that it expects to draw enormous demand in the future.</p><p style=\"text-align: left;\">U.S. electricity generation and computer-capacity growth have lagged behind that of China, partly because of hurdles facing large projects in the U.S., according to SpaceX. The company said that shortfall can be remedied by putting data centers and other infrastructure in space using SpaceX launches.</p><p style=\"text-align: left;\">&#34;By dramatically reducing the cost of access to space, we have been able to expand our mission to address some of the Earth&#39;s most pressing challenges, including bridging the digital divide by aiming to connect over three billion unconnected people to the internet and humanity&#39;s collective knowledge,&#34; SpaceX said in the roadshow presentation.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCX":"SPAC and New Issue ETF"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260605:nL6N42D107:2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2641866147","content_text":"NEW YORK, June 5 (Reuters) - SpaceX SPCX.O has drawn investor demand of about $150 billion for its IPO, about double the $75 billion it is seeking to raise, said two people familiar with the matter on Friday.An oversubscription rate of two times would be considered modest for most highly anticipated market flotations, but bankers and investors said that demand is impressive for the SpaceX offering since it is the largest IPO ever.The company remains in the early stages of the marketing process, sources cautioned. Investor demand is still subject to change before the IPO prices next week.The sources added that some large institutional investors tend to submit orders late in IPO processes, and that current subscription figures reflect indications of interest rather than final allocations, which will be set at pricing.The sources requested anonymity because the matter is confidential. SpaceX did not respond to a request for comment. Bloomberg reported on Friday that the IPO was oversubscribed.SpaceX launched a campaign this week to persuade investors that its IPO is a gateway to trillions of dollars in new markets being opened by its space-launch, internet-connection and AI businesses.\"Lots of people will have to explain why they don't own it rather than justifying a decision to buy it,\" said a hedge fund manager.The roadshow presentation emphasized the uniqueness of SpaceX's rocket-launching business, which it said has accounted for the lion's share of mass lofted into orbit in the past three years, and the strength of the company's Starlink internet business.SpaceX also touted a $23 trillion market opportunity it says awaits its artificial intelligence offerings, adding it is the only company that can escape the limitations of earthbound businesses and use space to build AI compute capacity that it expects to draw enormous demand in the future.U.S. electricity generation and computer-capacity growth have lagged behind that of China, partly because of hurdles facing large projects in the U.S., according to SpaceX. The company said that shortfall can be remedied by putting data centers and other infrastructure in space using SpaceX launches.\"By dramatically reducing the cost of access to space, we have been able to expand our mission to address some of the Earth's most pressing challenges, including bridging the digital divide by aiming to connect over three billion unconnected people to the internet and humanity's collective knowledge,\" SpaceX said in the roadshow presentation.","news_type":1,"symbols_score_info":{"SPCX":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":572128650523696,"gmtCreate":1780702300150,"gmtModify":1780702303190,"author":{"id":"4131703342800552","authorId":"4131703342800552","name":"neo26000","avatar":"https://community-static.tradeup.com/news/11d50ec0d6202770a8629aa7f06a5d4f","vip":1,"hat":"https://static.tigerbbs.com/f3e7f6253c885de8bad6403055b76aab","crmLevel":12,"crmLevelSwitch":1,"wearingBadges":[],"authorIdStr":"4131703342800552","idStr":"4131703342800552"},"htmlText":"Many liquidating on Friday to invest in ET...nice&nbsp;[LOL]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Sly]&nbsp;&nbsp;","listText":"Many liquidating on Friday to invest in ET...nice&nbsp;[LOL]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Sly]&nbsp;&nbsp;","text":"Many liquidating on Friday to invest in ET...nice [LOL] [Grin] [Sly]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/572128650523696","repostId":2641866147,"repostType":2,"repost":{"id":"2641866147","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1780701922,"share":"https://ttm.financial/m/news/2641866147?lang=en_US&edition=fundamental","pubTime":"2026-06-06 07:25","market":"fut","language":"en","title":"SpaceX IPO Running At Two Times Oversubscribed, Sources Say","url":"https://stock-news.laohu8.com/highlight/detail?id=2641866147","media":"Reuters","summary":"UPDATE 1-SpaceX IPO running at two times oversubscribed, sources sayAdds detail on space-based business, quotes from an investor and the roadshow presentationBy Isla Binnie and Echo Wang. \"By dramatically reducing the cost of access to space, we have been able to expand our mission to address some of the Earth's most pressing challenges, including bridging the digital divide by aiming to connect over three billion unconnected people to the internet and humanity's collective knowledge,\" SpaceX said in the roadshow presentation.  ","content":"<html><head></head><body><p style=\"text-align: left;\">NEW YORK, June 5 (Reuters) - SpaceX SPCX.O has drawn investor demand of about $150 billion for its IPO, about double the $75 billion it is seeking to raise, said two people familiar with the matter on Friday.</p><p style=\"text-align: left;\">An oversubscription rate of two times would be considered modest for most highly anticipated market flotations, but bankers and investors said that demand is impressive for the SpaceX offering since it is the largest IPO ever.</p><p style=\"text-align: left;\">The company remains in the early stages of the marketing process, sources cautioned. Investor demand is still subject to change before the IPO prices next week.</p><p style=\"text-align: left;\">The sources added that some large institutional investors tend to submit orders late in IPO processes, and that current subscription figures reflect indications of interest rather than final allocations, which will be set at pricing.</p><p style=\"text-align: left;\">The sources requested anonymity because the matter is confidential. SpaceX did not respond to a request for comment. Bloomberg reported on Friday that the IPO was oversubscribed.</p><p style=\"text-align: left;\">SpaceX launched a campaign this week to persuade investors that its IPO is a gateway to trillions of dollars in new markets being opened by its space-launch, internet-connection and AI businesses.</p><p style=\"text-align: left;\">&#34;Lots of people will have to explain why they don&#39;t own it rather than justifying a decision to buy it,&#34; said a hedge fund manager.</p><p style=\"text-align: left;\">The roadshow presentation emphasized the uniqueness of SpaceX&#39;s rocket-launching business, which it said has accounted for the lion&#39;s share of mass lofted into orbit in the past three years, and the strength of the company&#39;s Starlink internet business.</p><p style=\"text-align: left;\">SpaceX also touted a $23 trillion market opportunity it says awaits its artificial intelligence offerings, adding it is the only company that can escape the limitations of earthbound businesses and use space to build AI compute capacity that it expects to draw enormous demand in the future.</p><p style=\"text-align: left;\">U.S. electricity generation and computer-capacity growth have lagged behind that of China, partly because of hurdles facing large projects in the U.S., according to SpaceX. The company said that shortfall can be remedied by putting data centers and other infrastructure in space using SpaceX launches.</p><p style=\"text-align: left;\">&#34;By dramatically reducing the cost of access to space, we have been able to expand our mission to address some of the Earth&#39;s most pressing challenges, including bridging the digital divide by aiming to connect over three billion unconnected people to the internet and humanity&#39;s collective knowledge,&#34; SpaceX said in the roadshow presentation.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SpaceX IPO Running At Two Times Oversubscribed, Sources Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpaceX IPO Running At Two Times Oversubscribed, Sources Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-06-06 07:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\">NEW YORK, June 5 (Reuters) - SpaceX SPCX.O has drawn investor demand of about $150 billion for its IPO, about double the $75 billion it is seeking to raise, said two people familiar with the matter on Friday.</p><p style=\"text-align: left;\">An oversubscription rate of two times would be considered modest for most highly anticipated market flotations, but bankers and investors said that demand is impressive for the SpaceX offering since it is the largest IPO ever.</p><p style=\"text-align: left;\">The company remains in the early stages of the marketing process, sources cautioned. Investor demand is still subject to change before the IPO prices next week.</p><p style=\"text-align: left;\">The sources added that some large institutional investors tend to submit orders late in IPO processes, and that current subscription figures reflect indications of interest rather than final allocations, which will be set at pricing.</p><p style=\"text-align: left;\">The sources requested anonymity because the matter is confidential. SpaceX did not respond to a request for comment. Bloomberg reported on Friday that the IPO was oversubscribed.</p><p style=\"text-align: left;\">SpaceX launched a campaign this week to persuade investors that its IPO is a gateway to trillions of dollars in new markets being opened by its space-launch, internet-connection and AI businesses.</p><p style=\"text-align: left;\">&#34;Lots of people will have to explain why they don&#39;t own it rather than justifying a decision to buy it,&#34; said a hedge fund manager.</p><p style=\"text-align: left;\">The roadshow presentation emphasized the uniqueness of SpaceX&#39;s rocket-launching business, which it said has accounted for the lion&#39;s share of mass lofted into orbit in the past three years, and the strength of the company&#39;s Starlink internet business.</p><p style=\"text-align: left;\">SpaceX also touted a $23 trillion market opportunity it says awaits its artificial intelligence offerings, adding it is the only company that can escape the limitations of earthbound businesses and use space to build AI compute capacity that it expects to draw enormous demand in the future.</p><p style=\"text-align: left;\">U.S. electricity generation and computer-capacity growth have lagged behind that of China, partly because of hurdles facing large projects in the U.S., according to SpaceX. The company said that shortfall can be remedied by putting data centers and other infrastructure in space using SpaceX launches.</p><p style=\"text-align: left;\">&#34;By dramatically reducing the cost of access to space, we have been able to expand our mission to address some of the Earth&#39;s most pressing challenges, including bridging the digital divide by aiming to connect over three billion unconnected people to the internet and humanity&#39;s collective knowledge,&#34; SpaceX said in the roadshow presentation.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCX":"SPAC and New Issue ETF"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260605:nL6N42D107:2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2641866147","content_text":"NEW YORK, June 5 (Reuters) - SpaceX SPCX.O has drawn investor demand of about $150 billion for its IPO, about double the $75 billion it is seeking to raise, said two people familiar with the matter on Friday.An oversubscription rate of two times would be considered modest for most highly anticipated market flotations, but bankers and investors said that demand is impressive for the SpaceX offering since it is the largest IPO ever.The company remains in the early stages of the marketing process, sources cautioned. Investor demand is still subject to change before the IPO prices next week.The sources added that some large institutional investors tend to submit orders late in IPO processes, and that current subscription figures reflect indications of interest rather than final allocations, which will be set at pricing.The sources requested anonymity because the matter is confidential. SpaceX did not respond to a request for comment. Bloomberg reported on Friday that the IPO was oversubscribed.SpaceX launched a campaign this week to persuade investors that its IPO is a gateway to trillions of dollars in new markets being opened by its space-launch, internet-connection and AI businesses.\"Lots of people will have to explain why they don't own it rather than justifying a decision to buy it,\" said a hedge fund manager.The roadshow presentation emphasized the uniqueness of SpaceX's rocket-launching business, which it said has accounted for the lion's share of mass lofted into orbit in the past three years, and the strength of the company's Starlink internet business.SpaceX also touted a $23 trillion market opportunity it says awaits its artificial intelligence offerings, adding it is the only company that can escape the limitations of earthbound businesses and use space to build AI compute capacity that it expects to draw enormous demand in the future.U.S. electricity generation and computer-capacity growth have lagged behind that of China, partly because of hurdles facing large projects in the U.S., according to SpaceX. The company said that shortfall can be remedied by putting data centers and other infrastructure in space using SpaceX launches.\"By dramatically reducing the cost of access to space, we have been able to expand our mission to address some of the Earth's most pressing challenges, including bridging the digital divide by aiming to connect over three billion unconnected people to the internet and humanity's collective knowledge,\" SpaceX said in the roadshow presentation.","news_type":1,"symbols_score_info":{"SPCX":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":true,"newsSizeData":{"likeSize":11,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2641866147","isCrawlerRequest":true}