Elon Musk’s pull is truly insane—retail investors borrowed money to rush into SpaceX’s IPO, with demand of 70 billion, four times the amount oversubscribed. Can regulators stop it?

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CoinNetwork
CryptoWorld News reports that the SpaceX IPO driven by Elon Musk has sparked a surge in retail investors taking out loans, with many attempting to borrow money to buy shares of the company. SpaceX's valuation is approximately $1.75 trillion, with an IPO price set at $135 per share. Investor demand for the IPO exceeds the available shares by more than four times, with retail demand expected to reach $70 billion. Despite facing scrutiny from regulators, market support for Musk remains strong.
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