Underwriters for SpaceX (SPCX.O) have exercised the IPO greenshoe, lifting total proceeds to $85.7 billion from the $75.0 billion initially raised last Thursday. The greenshoe size exceeds that of nearly all previously recorded technology IPOs. Under

2026-06-15

Underwriters for SpaceX (SPCX.O) have exercised the IPO greenshoe, lifting total proceeds to $85.7 billion from the $75.0 billion initially raised last Thursday. The greenshoe size exceeds that of nearly all previously recorded technology IPOs. Underwriters typically exercise a greenshoe when the share price rises.