Anticipation Building at Nasdaq for SpaceX IPO

Summary

The Nasdaq prepares for the historic SpaceX trading debut, with trading eligibility at 10:00 AM but first trade hours later. The IPO is heavily oversubscribed, with tremendous retail interest but only a fraction of orders likely filled.

• SpaceX will be eligible for trading on Nasdaq at 10:00 AM Eastern, with the first trade expected later after price discovery.
• The IPO deal was more than four times oversubscribed.
• Retail investors placed over $100 billion in orders.
• Only a fraction of retail orders will be filled due to high demand.
• Elon Musk's mother attended the Nasdaq opening.
• Bloomberg's Yahaira Anand reported from the Nasdaq.