$Space Exploration Technologies(SPCX)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$
Retail orders alone have now drawn over $70 billion for the SpaceX IPO.
SpaceX is raising $75 billion, meaning retail interest by itself is nearly enough to cover the entire offering.
To put this in perspective, the previous record IPO was Saudi Aramco in 2020 at $29.4 billion.
That means retail interest in SpaceX is now 2.4 times larger than the total raised in the largest IPO in history.
As a result, SpaceX has announced that 20% of their IPO will be allocated to retail investors, following through on Elon Musk's vision to democratize this record offering.
Nothing even remotely close to what SpaceX is about to do has ever happened.
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