SpaceX IPO Demand Surges to About $150 Billion, Roughly Twice Target

SpaceX’s planned stock offering has attracted about $150 billion in investor demand—roughly double the $75 billion it seeks to raise—making it the largest IPO ever and still in the early marketing stages with pricing expected next week. Interest reflects confidence in SpaceX’s rocket-launch and Starlink businesses, plus a touted $23 trillion AI market, though final allocations will depend on updated orders as the roadshow continues.