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#SpaceX获大幅超额IPO认购 As SpaceX's IPO preparations advance step by step, sources told the media that investor demand for this IPO has reached about $150 billion, twice the $75 billion it originally planned to raise. Although a twofold oversubscription rate is relatively moderate for most much-anticipated listings, most bankers and investors believe that, given this is the largest IPO in U.S. stock market history, SpaceX's market demand remains impressive. The sources reminded that the company is still in the early stages of its marketing process, and investor demand could still change before IPO pricing this week. The sources added that some large institutional investors tend to submit orders in the later stages of the IPO process, and the current subscription numbers only reflect potential interest rather than final allocations.
Last week, SpaceX launched a roadshow, seeking to persuade investors that its IPO is an important gateway for investors to enter a new trillion-dollar market opened up by space launches, internet connectivity, and artificial intelligence business expansion. During the roadshow presentation, SpaceX emphasized the distinctiveness of its rocket launch business. The company said that over the past three years, the payloads it launched have accounted for the vast majority of the total mass entering orbit, while also highlighting the strength of its Starlink internet business. SpaceX also promoted a market opportunity of up to $23 trillion, saying its AI products are expected to seize this opportunity, and noting that it is the only company that can break free from terrestrial commercial constraints and use space to build AI computing capabilities, which is expected to drive enormous market demand in the future.
During the roadshow, SpaceX said, “We have significantly lowered the cost of going to space, thereby enabling us to expand the scope of our mission to address several urgent challenges facing Earth, including narrowing the digital divide, aiming to connect more than 3 billion people who cannot access the internet, and to obtain and share human knowledge.”