SpaceX IPO Is Said to Be More Than Four Times Oversubscribed | Bloomberg Businessweek
June 11, 2026
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43:36Now PlayingSpaceX IPO Is Said to Be More Than Four Times Oversubscribed | Bloomberg Businessweek
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SpaceX’s initial public offering has attracted demand for more than four times the available shares, according to people familiar with the matter, ahead of the Elon Musk-led rocket, satellite and artificial intelligence firm stopping taking orders.The banks are expected to stop taking orders from institutional investors after the market closes in New York at 4 p.m. on Wednesday, people familiar with the matter have said.
SpaceX’s IPO is set to price June 11 and trade the following day. The company is offering 555.6 million shares at a fixed price of $135 each, which would raise about $75 billion, and value it at about $1.8 trillion.
Orders are still being taken and details could change, the people said, asking not to be identified as the information isn’t public. A representative for SpaceX didn’t immediately respond to a request for comment.
On this episode, Carol Massar and Tim Stenovec speak with:
Ed Ludlow, Bloomberg Tech Co-Host On SpaceX
Ben Hylak, Co-Founder and CTO at Raindrop, Former SpaceX and Apple Engineer On Raindrop 2.0 product, and SpaceX from fmr. Engineer perspective
Paul Andre Huet, Chairman & CEO of America's Gold & Silver AND Gary Evans, CEO at US Antimony On latest company news, mining/antimony roundup
Todd Gillespie, Bloomberg News Banking Reporter and Sri Natarajan, Bloomberg News Chief Wall Street Correspondent On Goldman CEO Slammed by Two Lawmakers for Standing by Top Lawyer and Trump Heaps Praise on Citi for M&A Ranking It Doesn’t Have
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Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
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