Sources tell Bloomberg that SpaceX’s initial public offering is well oversubscribed with multiple institutional investors placing orders for about $10 billion or more of shares. Elon Musk's company is leading a race to list against both OpenAI and Anthropic.

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Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-06-09/the-opening-trade-6-9-2026-video)