SpaceX IPO roadshow starts at $135 a share as Fidelity opens retail interest

SpaceX has begun its IPO roadshow at an expected $135 per share for 555,555,555 Class A shares, with trading expected to start on June 12, according to filing-based reporting and people familiar with the matter. Fidelity said retail brokerage customers with at least $2,000 in assets can submit indications of interest for the offering, identified on its platform as SPCX. Newer reporting said early IPO indications have reached about $150 billion, roughly twice the planned fundraising amount, and separately described the deal as oversubscribed at a reported $75 billion size, though final pricing and allocations will be determined later in the bookbuilding process.

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