NEWS: SpaceX's IPO has already drawn more than $250 billion in investor demand, Reuters reports.
The company is only trying to raise $75 billion. That puts demand close to four times the size of the offering, according to people familiar with the matter.
It is the number that confirms what the roadshow has signaled for weeks. Institutions, index funds and retail all want in. There is not enough stock to go around.
SpaceX is set to price the largest IPO in history this week and begin trading on the Nasdaq on June 12.
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