US stocks: SpaceX IPO demand is approaching four times oversubscribed, source says
By TodayTelugu Desk1 min read1 views
SpaceX's initial public offering is seeing massive investor interest. Demand has reached over 250 billion dollars, far exceeding the 75 billion dollars the company aims to raise. This indicates strong investor confidence. SpaceX is currently in the marketing phase for its IPO. The company is highlighting its rocket launch business and Starlink internet service.
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