Space Exploration Technologies Corp., known as SpaceX, has reported an order book of more than $100 billion ahead of its IPO, according to people familiar with the process. The Bloomberg report frames the figures as large in absolute terms, but argues the order book is comparatively smaller than demand seen in recent Chinese IPOs that have drawn heavy retail participation.
NDTV similarly reports that SpaceX’s IPO attracts over $100 billion in orders from retail investors, citing people familiar with the matter. Together, the coverage indicates that SpaceX’s offering is generating substantial interest, particularly from retail buyers, but that its level of demand is not the highest seen when compared with recent high-profile IPOs in China.
Both accounts focus on the relative scale of order-book demand rather than changes to the IPO structure, pricing, or deal terms. The reports do not provide additional verified details on pricing or final share allocations in the excerpts provided.
