SpaceX’s planned public listing is already drawing about $150 billion in investor demand, roughly twice the $75 billion the company is aiming to raise in what would be the largest IPO in history. The reported order-book demand is still early and could change before final pricing. Current figures reflect indications of interest rather than final allocations, with some large institutions expected to submit orders later in the IPO process. SpaceX has not publicly confirmed the subscription level, but the reported 2x demand shows how aggressively investors are positioning around Elon Musk’s space, satellite internet and AI infrastructure company before it reaches Nasdaq.