Everyone wants a piece of SpaceX

SpaceX has attracted approximately $150 billion in investor demand for its IPO, double the $75 billion it is seeking to raise, making it the largest IPO ever attempted. The company is in the early stages of its marketing roadshow, emphasizing its dominant rocket-launch business, Starlink internet service, and a claimed $23 trillion AI market opportunity tied to space-based compute infrastructure. Large institutional investors are still expected to submit orders, and final allocations will be set at pricing next week.