SpaceX Completes Two Orbital Launches in 19 Hours, IPO Gets 2x Oversubscription Ahead of June 12 Nasdaq Debut

SPCX1.53%

According to BlockBeats, SpaceX launched two Falcon 9 rockets on June 3-4, deploying 53 Starlink satellites across the Starlink 17-47 and Starlink 10-43 missions from California and Florida facilities. The two launches occurred less than 19 hours apart, marking another record for launch frequency as the company continues to normalize consecutive orbital missions.

SpaceX's initial public offering is set to debut on Nasdaq on June 12 under ticker SPCX at $135 per share. The company aims to raise $75 billion but received approximately $150 billion in investor subscriptions, achieving a 2x oversubscription ratio and setting a global IPO record.

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