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SpaceX gives Europe retail $600 mn despite $2.5 bn demand: Report
short by Vaishnavi Mishra / on Tuesday, 16 June, 2026
Elon Musk-led SpaceX allocated about $600 million worth of IPO shares to retail investors in the European Union, Bloomberg reported. Demand far exceeded supply, with orders totalling nearly $2.5 billion, roughly four times the shares available. Meanwhile, customers at some of the largest US retail brokerages reportedly received at least one share each in the highly anticipated offering.
read more at CNBC-TV18