✅ Confirmed
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Update
SpaceX raises IPO to $85.7 billion after full greenshoe option exercised
SpaceX confirmed that underwriters exercised the full greenshoe option, increasing the total raised in its initial public offering (IPO) from $75 billion to approximately $85.7 billion. The company issued 638.9 million Class A shares, including 83.3 million additional shares sold directly by SpaceX. The stock debuted on Nasdaq under the ticker SPCX at $150, closing later at $192.50, pushing SpaceX's market capitalization above $2.5 trillion. This IPO increase reflects investor demand that exceeded initial expectations.
- SpaceX's final IPO reached $85.7 billion after greenshoe option
- Issued 638.9 million Class A shares, including 83.3 million extra
- Market cap surpassed $2.5 trillion after Nasdaq debut
🔎 Why it matters: SpaceX's final IPO size of 638.9 million Class A shares and $85.7 billion raised sets a historic record and shows strong investor demand.
📈 Upside: The full exercise of the greenshoe option allowed SpaceX to raise an additional $10.7 billion, increasing its capitalization and liquidity.
📉 Risk: Not applicable.
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