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SpaceX IPO Haul Rises to $85.7 Billion After Greenshoe Exercise

SpaceX said its underwriters exercised the greenshoe option to purchase additional shares, raising total IPO proceeds to $85.7 billion from $75 billion raised last week. The offering, which sold 555.56 million shares at $135 each, was already the largest IPO ever before the greenshoe exercise.

June 15, 2026
2 min read
Source: Reuters
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Key Numbers

total proceeds
85.7B
initial raise
75B
shares sold
555.56M
share price
135

SpaceX announced on Monday that its underwriters have exercised the 'greenshoe' option to purchase additional shares, increasing the total proceeds from its initial public offering to $85.7 billion from $75 billion raised last week.

Offering Details

SpaceX sold 555.56 million shares at $135 apiece to raise $75 billion, setting a record for the largest IPO in history. The greenshoe option added another $10.7 billion, bringing the total to $85.7 billion.

What is the Greenshoe Option?

The greenshoe is a standard feature in most U.S. stock market listings, acting as a safety valve. It helps underwriters support the stock and limit sharp price swings in the weeks after trading begins, especially when demand is strong.

Context

This record-breaking IPO comes as SpaceX expands its operations in rockets, satellite internet (Starlink), and artificial intelligence. The strong demand reflects investor confidence in the company's future.

What This Means for Investors

The IPO offers investors a chance to participate in one of the leading technology and space companies. However, the stock may experience volatility in the initial trading period due to high demand.

Frequently Asked Questions

The greenshoe option allows underwriters to purchase additional shares from the company after the IPO to support the stock price and reduce volatility.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.