SpaceX's orders surpass $350 billion
SpaceX has raised over $350 billion in investor orders following its initial public offering, which valued the company at $1.8 trillion by selling 555.6 million shares at $135 each. Institutional investors took roughly 70% of the shares, with major investors such as BlackRock and sovereign wealth funds participating, while the company allocated around 20% of the shares to individual investors, who submitted purchase orders exceeding $100 billion. The company's shares are expected to begin trading on the Nasdaq and Nasdaq Texas exchanges under the ticker SPCX.
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