01:51 PM EDT, 06/10/2026 (MT Newswires) -- Institutional demand for SpaceX (SPCX) shares is more than four times the amount available ahead of its initial public offering, Bloomberg reported Wednesday, citing people familiar with the matter.

Banks are expected to stop taking orders after the market closes at 4 p.m. ET Wednesday, and the IPO is expected to price Thursday with trading set to begin Friday, the report said.

SpaceX didn't immediately reply to a request for comment from MT Newswires.

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