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SpaceX’s IPO is 4X Oversubscribed. There’s a Surprising Reason That Number Should Scare IPO Buyers
24/7 Wall St.63d agobullish
SpaceX’s IPO is 4X Oversubscribed. There’s a Surprising Reason That Number Should Scare IPO Buyers

The excitement surrounding SpaceX’s IPO has reached a level rarely seen in modern markets. Investors have spent years waiting for a chance to own a piece of Elon Musk’s rocket giant, and demand has poured in from both Wall Street institutions and retail investors. According to Bloomberg, multiple institutional investors have submitted orders exceeding $10 ... SpaceX’s IPO is 4X Oversubscribed. There’s a Surprising Reason That Number Should Scare IPO Buyers