Key facts
- SpaceX's IPO is valued at $75 billion.
- Orders for the IPO have exceeded the number of shares available.
- The company recently began formally marketing the deal.
SpaceX has received orders for more shares than are available in its initial public offering, which is set to be a record-setting $75 billion deal. This development comes shortly after the company began formally marketing the offering, according to sources familiar with the matter. The strong demand indicates significant investor interest in the private space exploration company.