SpaceX's initial public offering has raised a record $85.7 billion after underwriters exercised a 'greenshoe' option to buy more shares following strong demand.

Who

SpaceX, underwriters, Elon Musk, Goldman Sachs, Morgan Stanley, Brian Jacobsen, Annex Wealth Management

What

When

Mon, 15 Jun 2026 16:00:00 GMT · 2h 21m ago

Where

US ·

Why

Underwriters exercised the greenshoe option due to exceptionally high investor interest and strong demand for SpaceX's shares, which surged after its market debut.

The Frontline Impact

How this affects you

This record-breaking IPO by SpaceX is a major milestone for the company and Elon Musk's ventures, indicating significant investor appetite for large-scale technology listings and potentially setting a precedent for future mega-listings by AI companies like Anthropic and OpenAI.

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Verified Sources & Citations

The Economic Times
https://economictimes.indiatimes.com/markets/us-stocks/news/us-stocks-spacex-ipo-haul-rises-to-85-7-billion-after-underwriters-exercise-greenshoe/articleshow/131749730.cms
HIGH

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