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SpaceX IPO Subscriptions Hit $250B as Investors Rotate Ahead of June 12 Pricing

GateNews
Stocks
SPCX2.45%

According to multiple outlets, as of Monday June 8, SpaceX IPO subscriptions surged to over $250 billion—nearly 4 times the $75 billion the Elon Musk-led company is seeking to raise. The offering is priced at 555.6 million shares at $135 each, targeting a valuation of around $1.8 trillion, with pricing scheduled for June 12.

Crypto exchanges Binance, Coinbase, Kraken and Bybit have introduced pre-IPO perpetual futures linked to SpaceX, allowing traders to gain exposure to the offering without moving capital into traditional brokerage accounts.

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In-Depth Analysis

SpaceX Targets $1.75T Valuation in June 12 IPO with $75B Raise

Lucas Bennett06-10 10:53

SpaceX IPO Draws $250B+ Subscriptions, Nearly 4x Target Raise

Lucas Bennett06-10 02:13

SpaceX IPO subscription demand exceeds $250 billion, 3 to 4 times oversubscribed

Market Whisper06-10 01:15
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