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SpaceX receives over $250B in pre-IPO funding
Reports indicate that the company "SpaceX," owned by Elon Musk, has attracted investment requests valued at over $250 billion, potentially making it the largest initial public offering in history. However, the company is aiming to raise only $75 billion. The strong demand from investors is evident, with the subscription coverage ranging between 3.5 and 4 times the offering amount, including participation from long-term investment funds. A pricing announcement is expected Thursday afternoon, amidst market volatility and reports of sell-offs by some investors seeking to raise funds.
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