SpaceX raised a total of $85. 7 billion from its public listing on the Nasdaq, according to the completion statement released after the offering. The IPO, led by underwriters including Goldman Sachs, Bank of America and JPMorgan, drew strong demand that allowed the banks to exercise the greenshoe option in full, purchasing an additional 83.
3 million shares directly from SpaceX to satisfy investors. Initially, SpaceX had raised about $75 billion from investors prior to the greenshoe, with the shares first offered to public investors at $135, valuing the company at approximately $1. 8 trillion.
The greenshoe mechanism, sometimes called an overallotment option, was used to stabilize trading and broaden the share supply in response to robust demand. Following the listing, SpaceX’s stock continued to rise, gaining more than 19% to around $192 in the early trading period. The company’s leadership has framed the milestone as reflecting market demand for its activities in aerospace and AI, while acknowledging that the company continues to operate with losses.
Analysts have noted the high valuation and ongoing scrutiny within the sector as key considerations for investors watching SpaceX’s path as a public company.
