SpaceX IPO total hits $85.7 billion as underwriters exercise greenshoe option
According to CNBC, SpaceX's IPO size reached a total of $85.7 billion after underwriters exercised the over-allotment, or greenshoe, option, ranking it among the largest US listings on record. The stock posted a strong opening week and attracted record retail demand. This is not investment advice.
According to CNBC, SpaceX's US IPO has reached $85.7 billion in total size after the underwriters exercised the over-allotment option, ranking it among the largest technology listings in recent years and underscoring the company's strong opening trading performance.
The retail leg of the deal stood out. Data from several brokers show retail buying at the highest level in a decade. At the same time, analysts caution that current valuations depend on assumptions about satellite services, launch operations and the long-term economics of deep-space programs.
Investors will watch closely for the company's first earnings disclosures, Starlink subscriber numbers and the outlook for government contracts. This article is for information only and is not investment advice; speak to a licensed adviser before making portfolio decisions.
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