spacex IPO could flop; ripple effects could be huge.

spacex IPO could flop; ripple effects could be huge. Let me tanslate sell-side investment banking-speak for those of you unfamiliar with the lingo: "10x oversubscribed" = 2x the offering size "5x oversubscribed" = exactly the offering size "2x oversubscribed" (as claimed below) = 50% of the offering size $SPCX

Source: Gary Marcus (X) | 2026-06-06