SpaceX IPO Drowning in $70B+ of Retail Investor Demand
Retail investors have flooded SpaceX's initial public offering with over $70 billion in orders.
SpaceX's IPO is turning into an absolute feeding frenzy. Retail investors have piled in with more than $70 billion in orders, according to Bloomberg sources. That's a staggering wall of demand from everyday investors desperate to own a piece of Elon Musk's rocket company.
The retail crowd won't be shut out either. Sources say they're expected to receive at least 20% of the available shares — a meaningful allocation by IPO standards, where retail investors often get table scraps.
The sheer scale of retail interest signals just how much pent-up demand existed for SpaceX stock. The company has been one of the most coveted private assets in tech for years, and now the floodgates are open.
Whether supply meets even a fraction of that demand remains the big question.