European retail investors received less than 1% allocation in the SpaceX IPO.
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Golden Ten Data reported on June 16 that European retail investors received less than 1% of the allocation in SpaceX's record-breaking IPO, obtaining only a very small portion of the largest-ever new stock issuance. According to sources, SpaceX allocated shares worth about $600 million to retail investors in the EU, Norway, and Switzerland. Overall, the total subscription orders from this group were about four times the amount actually allocated, with demand approaching $2.5 billion.
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