CNA938 Rewind - SpaceX’s $1.8 Trillion IPO: Is the World’s Biggest Listing Worth $135 a Share?
SpaceX’s IPO is already more than four times oversubscribed, with multiple institutional investors placing orders of $10 billion or more each — making it the most anticipated listing in history. Andrea Heng and Hairianto Diman ask Jay Ritter, Director of the IPO Initiative, University of Florida whether the unusual 30% retail allocation — triple the typical 5–10% — and a fixed price of $135 make this a genuine opportunity for individual investors or a hype-driven crowding-in.