SpaceX IPO draws over $250 bln in institutional orders, total demand tops $350 bln — 70% of institutional book sold to long-only funds and SWFs, 20% of shares set aside for retail investors.
SpaceX IPO is said to have drawn over $250 billion in institutional orders, with total demand exceeding $350 billion. The company is said to have sold 70% of the institutional book to long-only funds and sovereign wealth funds, and allocated 20% of IPO shares to retail investors.
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MSCI adds SpaceX to Standard and Large Cap indexes, reflecting the company's growing market capitalization and investor demand.
MSCI has added SpaceX to its Standard and Large Cap indexes.
SpaceX shares surge 19% in market debut after blockbuster IPO, valuing the Elon Musk-led space company at over $150 billion.
SpaceX shares rose 19% in their debut after a blockbuster initial public offering.
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Robinhood users report trading glitches during SpaceX debut on Friday, as highly anticipated stock begins trading.
Robinhood customers faced issues during the first minutes of SpaceX trading on Friday.
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