Forbes magazine said the opening bid for the manuscript was $40,000, but the bidding quickly escalated Thursday.
Neither the seller's nor the buyer's name was reported.
"Written entirely in Springsteen's hand, this early version charts the beginnings of the 1975 hit that
catapulted The Boss to mega-stardom. The manuscript is estimated to fetch $70,000 to $100,000," the auction house said in a news release last week.