SPACEX IPO IS SAID TO BE MORE THAN FOUR TIMES OVERSUBSCRIBED

Summary from the TLDR newsletter

The demand for SpaceX's initial public offering is more than four times the shares available. SpaceX's IPO is set to price today and trade tomorrow. It is offering 555.6 million shares at a fixed price of $135 each. The IPO is expected to rank as the biggest ever. Shares in the company will trade on Nasdaq and Nasdaq Texas under the symbol SPCX.