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Announced Sat, 13 Jun · 09:16 IST

Japanese investors sought more than $6.2 billion worth of SpaceX shares at IPO, sources say

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AI summary

Japanese investors sought over $6.2 billion worth of SpaceX shares in its IPO, ultimately receiving $2.2 billion in allocations. The offering, the world's largest-ever at $75 billion, drew $250 billion in global demand, with 30% allocated to retail investors. Mizuho Securities USA served as the sole Japanese underwriter and saw a fourfold increase in account applications in early June.