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Photo: Mirae Asset Securities |
[Alpha Biz= Paul Lee] Mirae Asset Securities’s second round of subscriptions for SpaceX shares was fully sold out within minutes on June 8, reflecting strong investor demand.
According to financial investment industry sources, the subscription opened at 8:30 a.m. and was completely sold out in less than two minutes. This follows the first round on June 5, which also closed in about one minute for a $300 million offering.
The total offering size for the two rounds is $500 million, targeting individual and corporate professional investors. The minimum subscription amount was set at $100,000, with a maximum of $3 million per investor.
Final share allocations are expected to be confirmed around June 12, when SpaceX is scheduled to officially list on the NASDAQ. Refunds for any unallocated funds are also expected to be processed on the same date.
SpaceX, led by Elon Musk, is aiming to raise approximately $75 billion through the IPO—potentially one of the largest in history. If successful, the company’s valuation is expected to reach around $1.75 trillion.
Mirae Asset Group is participating in the underwriting syndicate alongside more than 20 global investment banks, with its final allocation expected to be determined on June 11.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
