Economic TimesLean R·
US stocks | SpaceX IPO draws more than $70 billion in retail orders: Report
Elon Musk's SpaceX has attracted more than $70 billion in orders from retail investors ahead of its highly anticipated stock market debut, Bloomberg News reported on Thursday. According to the report, individual investors are expected to receive at least 20% of the shares on offer.The strong retail participation comes ahead of what is set to become the largest IPO in history. SpaceX is scheduled to begin trading on Nasdaq on Friday under the ticker symbol SPCX after pricing its shares at $135 e…
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