SpaceX IPO Secures Double the Subscription Funds

On June 6, according to two informed sources, SpaceX's IPO has secured approximately $150 billion in subscription funds from investors, reaching twice the planned fundraising amount. As the largest IPO in history, the enthusiasm for subscriptions has been remarkable. The sources indicated that the project is still in the early marketing phase, and large institutional funds typically submit orders only at the end of the IPO subscription period. The current statistics reflect only intended subscriptions and not the final allocation amounts; the actual allocation will be determined during the pricing stage. (Jinshi)