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A Heavily Oversubscribed SpaceX IPO Gets A Buy Rating; Space Stocks Soar

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10:44 AM ET 06/11/2026

The market is bracing for SpaceX to launch its initial public offering on Friday. Elon Musk's rocket and satellite company should finalize pricing tonight with trading to begin tomorrow. But some analysts are jumping the gun, already prescribing buy ratings and price targets on shares. Meanwhile, demand for SpaceX stock vastly outweighs the supply of available shares, Bloomberg reported. Space…