This is absolutely insane: The SpaceX IPO has now drawn more than $70 BILLION worth of retail orders alone. SpaceX is raising $75 billion, making retail interest ALONE enough to nearly fill the entire sale. To put this in perspective, the previous record IPO was Saudi Aramco in 2020 at $29.4 billion. This means that retail interest in SpaceX is now 2.4 TIMES larger than the total amount raised in the previous largest IPO in history. As a result, SpaceX has announced that 20% of their IPO will be allocated to retail investors, following through on @elonmusk's vision to democratize the record IPO. Nothing even remotely near what SpaceX is about to do has ever happened. Friday will be a historic day.(The Kobeissi Letter)