SpaceX IPO Priced High Amid Demand

SpaceX has priced its Initial Public Offering at $135 per share, raising an impressive $75 billion and marking the largest IPO in history. The offering saw overwhelming demand, reportedly four times oversubscribed, with substantial interest from both retail and institutional investors. Notable interest included a $5 billion order from BlackRock, underscoring significant market confidence in the space exploration company's future. This massive oversubscription and high valuation signal strong anticipation and positive sentiment from the market regarding SpaceX's public debut.