SpaceX IPO raises $85.7 billion after greenshoe

Funding & Businessspace industryiposfundraising

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SpaceX raised an initial $75 billion on Thursday, and underwriters exercised the greenshoe overallotment option, bringing total IPO proceeds to $85.7 billion. The increase reflects the underwriters' use of the overallotment mechanism to expand the offering size and total capital raised.

Scoring Rationale #

Historic-scale IPO proceeds and the immediate use of the greenshoe overallotment make this an industry-shaking capital event for the space and AI sectors.

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