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SpaceX's IPO Attracts Billions in Subscriptions from Middle Eastern Wealth Funds
10 hour ago /
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Author：小编
SpaceX's initial public offering (IPO) has secured billions of dollars in subscriptions from Middle Eastern wealth funds. The Saudi Public Investment Fund and the Kuwait Investment Authority have each placed orders to purchase shares worth between $1 billion and $5 billion. The Qatar Investment Authority, with assets totaling $580 billion, may also make a significant investment. SpaceX's IPO has attracted over $250 billion in investor subscription demand, far exceeding the planned $75 billion to be raised. The company plans to list on the Nasdaq on June 12 under the ticker symbol SPCX, with a target valuation potentially reaching $1.77 trillion.
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