Retail traders have scrambled for SpaceX shares ahead of the aerospace giant’s IPO, with some reportedly seeking loans as demand climbs far above available supply.
According to Bloomberg, some investors have gone beyond setting aside cash and have attempted to borrow additional funds in an effort to secure shares in Elon Musk’s rocket and satellite company.
The rush comes as SpaceX prepares for one of the most closely watched public offerings in recent years, carrying a valuation of around $1.75 trillion.
Teams are go for launch with a $135 price per share for the SpaceX IPO → https://t.co/HlsF4GxRbI
— SpaceX (@SpaceX) June 11, 2026
Among those seeking exposure is Anna Watts, a 33-year-old public relations manager from New York. Bloomberg reported that Watts has accumulated $6,500 for the offering and unsuccessfully sought an additional $5,000 from both a friend and a bank. Despite the rejected loan requests, she told Bloomberg she remains committed to participating in the IPO.
Investor demand has continued to build even as concerns surrounding the company have drawn attention in recent weeks.
According to previous reporting by crypto.news, Senator Elizabeth Warren urged the U.S. Securities and Exchange Commission to delay the offering, citing questions related to investor protections, corporate governance, and valuation.
Retail demand has outpaced available shares
Bloomberg reported that investor interest exceeds the number of shares available for sale by more than four times. SpaceX has allocated approximately 30% of the offering to retail participants, a portion valued at about $22.5 billion.
Market observers cited by Bloomberg estimate that retail demand could approach $70 billion once trading begins, highlighting the gap between available shares and investor appetite.
Many buyers appear to be driven by Musk’s long track record of building high-profile companies. Tesla’s transformation from a niche electric vehicle maker into one of the world’s most valuable corporations has encouraged some investors to view SpaceX as a similar long-term opportunity.
Others have already sought indirect exposure through investment funds holding private SpaceX shares while waiting for broader public access through the IPO. Bloomberg reported that some investors describe the offering as a rare opportunity they intend to hold for many years.
Legal and regulatory concerns remain in focus
Away from the enthusiasm surrounding the listing, SpaceX and xAI are facing a legal challenge tied to Musk’s artificial intelligence business.
According to a complaint filed in California’s Santa Clara County Superior Court, former xAI engineer Devin Kim alleges he was dismissed after raising concerns about Grok’s safety systems and pushing for additional testing procedures.
The lawsuit claims the chatbot lacked sufficient safeguards against misinformation, bias, and other harmful outputs.
Kim is seeking compensatory damages, punitive damages, attorneys’ fees, forfeited equity compensation, and other remedies. SpaceX was included in the lawsuit following the recent merger between the two companies, placing the dispute under additional scrutiny just before the IPO.
Despite those developments, Wall Street sentiment has remained largely constructive. As previously reported by crypto.news, brokerage firm Oppenheimer initiated coverage of SpaceX with an outperform rating and assigned a $190 price target, above the company’s expected IPO price of $135.
SpaceX enters the public market after years of growth in commercial launch services, astronaut transportation, and Starlink satellite internet operations.
While regulators, lawmakers, and legal challenges continue to attract attention, Bloomberg reported that strong demand from Musk supporters remains the dominant force shaping interest in the offering.
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