--- title: "SpaceX IPO is well oversubscribed as order books close ahead of Wednesday pricing" url: https://daily.dev/posts/spacex-ipo-is-well-oversubscribed-as-order-books-close-ahead-of-wednesday-pricing-yj3dq5koc source_url: https://thenextweb.com/news/spacex-ipo-oversubscribed-orders-close type: article source: "The Next Web" published: 2026-06-08T18:14:16.661Z updated: 2026-06-08T18:19:54.932Z tags: ["spacex", "ipo"] reading_time: 3 upvotes: 0 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # SpaceX IPO is well oversubscribed as order books close ahead of Wednesday pricing **[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments ## Summary SpaceX's $75 billion IPO at $135 per share is well oversubscribed, with order books closing Monday, pricing expected Wednesday, and Nasdaq trading beginning Thursday. The offering would be the largest IPO in history, eclipsing Saudi Aramco's 2019 listing, and implies a fully diluted valuation of approximately $1.8 trillion. Key demand drivers include major contracts with Google (~$920M/month for Starlink and AI services) and Anthropic (~$1.25B/month for AI infrastructure), totaling roughly $26 billion in annualized recurring revenue. These deals stem from SpaceX's February merger with xAI, repositioning the company as an infrastructure utility. A notable 30% retail allocation has broadened investor participation, though some institutional investors have declined over governance concerns, citing Elon Musk's ~79% voting control despite owning ~42% of equity. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [SpaceX raises $75B in largest IPO ever, Japan gets $2.2B](https://daily.dev/posts/spacex-raises-75b-in-largest-ipo-ever-japan-gets-2-2b-v2tnwtyng) · The Next Web · 0 upvotes · 0 comments - [SpaceX officially prices shares at $135 in the largest IPO ever](https://daily.dev/posts/spacex-officially-prices-shares-at-135-in-the-largest-ipo-ever-lslpuxcyg) · TechCrunch · 1 upvotes · 0 comments --- Tags: [#spacex](https://daily.dev/tags/spacex), [#ipo](https://daily.dev/tags/ipo) [View this post on daily.dev](https://daily.dev/posts/spacex-ipo-is-well-oversubscribed-as-order-books-close-ahead-of-wednesday-pricing-yj3dq5koc)