SpaceX's Historic IPO May Be Oversubscribed. Here's What That Means for You.

SpaceX is planning what may be the world's largest IPO with a fixed price of $135 per share and a projected valuation of $1.77 trillion, expected around June 12. The company is allocating 30% of shares to retail investors, significantly more than typical IPOs. However, the IPO is reportedly oversubscribed at 2x with $150 billion in orders against a $75 billion fundraising target, meaning not all investors may receive shares. The article advises that missing out on the IPO isn't necessarily a missed opportunity, as historical data shows major IPOs don't always produce significant first-year gains and better entry points may emerge later.