#SpaceX获大幅超额IPO认购 As SpaceX’s IPO activities continue to advance, sources have disclosed to the media that investor demand for this IPO has reached approximately $150 billion, twice the $75 billion it originally planned to raise. Although, for most highly anticipated listings, a twofold oversubscription rate is a relatively moderate level, most bankers and investors believe that, given this is the largest IPO in U.S. stock market history, SpaceX’s market demand is still impressive. Sources also remind that the company is currently still in the early stages of its marketing process, and investor demand may change before IPO pricing this week. The sources added that some large institutional investors often place orders in the later stages of the IPO process, and the current subscription numbers reflect only potential interest—not the final allocation.

#SpaceX获大幅超额IPO认购 As SpaceX's IPO activities gradually advance, sources have revealed to the media that investor demand for SpaceX's IPO has reached approximately $150 billion, double the originally planned $75 billion to be raised. Although a twofold oversubscription rate is relatively moderate for most highly anticipated public offerings, 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 caution that the company is still in the early stages of its marketing process, and investor demand may change before the IPO pricing this week. The sources added that some large institutional investors tend to place orders later in the IPO process, and the current subscription figures only reflect potential interest, not final allocations. Last week, SpaceX launched a roadshow, attempting to persuade investors that its IPO is an important gateway for investors to access a new trillion-dollar market driven by space launches, internet connectivity, and artificial intelligence business expansion. During the roadshow, SpaceX emphasized the uniqueness of its rocket launch business. The company stated that over the past three years, its launched payloads 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 worth up to $23 trillion, claiming its AI products are poised to seize this opportunity, and pointed out that it is the only company capable of breaking free from terrestrial commercial limitations and building AI computing power in space, which is expected to generate enormous market demand in the future. During the roadshow, SpaceX stated: "We have significantly reduced the cost of accessing space, enabling us to expand our mission scope to address several urgent challenges facing Earth, including narrowing the digital divide, aiming to connect over 3 billion people without internet access and to share human knowledge."