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# SpaceXIPOAttractsOver250BillionInOrders
SpaceX IPO Just Broke the Universe – $250 Billion in Orders, and Counting
Let that sink in.
SpaceX didn't just hit its IPO target. It absolutely obliterated it.
The company was aiming for $75 billion in investor demand. Instead, over **$250 billion** in orders showed up at the door. That's roughly 3.5 to 4 times oversubscribed, per Reuters.
Pricing is locked in for June 11. Ticker: SPCX.
So what are people buying into?
Three engines, no parachutes:
Rocket launches – the reliable backbone. No one does reusable like SpaceX.
Starlink – already beaming internet to remote corners of the planet. Cash flow machine in the making.
Space-based data centers – yes, this is real. Computing off-planet. The next frontier.
The hype is deafening. But the numbers don't lie: institutional money is treating this like the second coming of Tesla, but with rockets.
Will it trade up on day one? Almost certainly. The real question is how high the multiples can go when you're the only serious player in commercial space.