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SpaceX US IPO Reportedly Draws USD70B+ Retail Orders
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SpaceX (SPCX.US)'s US IPO attracted more than USD70 billion in subscriptions from retail investors, who are expected to receive at least 20% of the allocated shares, foreign media reported.

The offering price of USD135 per share and the issuance of 555.6 million shares are unlikely to change, sources divulged.

Related NewsPPI YoY for May in the United States is 6.5%, higher than the previous value of 5.7%. The forecast was 6.4%.
Based on a fundraising size of USD75 billion, such an allocation ratio would be insufficient to meet most retail demand.
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