SpaceX IPO running at two times oversubscribed, sources say- Reuters.. Can it be fluff piece?

Investor summaryNeutral

User questions credibility of Reuters report on SpaceX IPO being 2x oversubscribed, citing liquidity constraints and rapid timeline.

Bear points

Reported $150bn+ demand seems unrealistic given current market liquidity conditions.
Rapid shift from JPMorgan pitching to ultra-wealthy individuals to full oversubscription in one day raises skepticism.

Post body

Hi,

I just read the article about the Spacex IPO is oversubcribed by two times according reuters who has some source. I feel this must be fluff piece. Thats a lot of liquidity.. like more than 150bn$. Only yesterday there was a news that JPMorgen CEO himself going to ultra wealthy people to pitch the IPO and in just 1 day now it is oversubscribed? There must be something I am not understanding. What do you guys think?

Discussion · top comments

No comment snapshot fetched for this post yet.

View original post & all comments on Reddit ↗