SpaceX’s IPO has raised a record $85.7 billion after underwriters exercised an additional share option, making it the largest public offering in history.
The company’s valuation surged past $2 trillion as investors backed its ambitions in reusable rockets, satellite internet, and space-based AI infrastructure.
Fresh capital will fund Starship development, Starlink expansion, orbital data centres, and a $119 billion semiconductor manufacturing project in Texas
SpaceX has completed the largest initial public offering in history, raising $85.7 billion after underwriters exercised their overallotment option, a mechanism known as the greenshoe, which allows underwriters to sell additional shares when demand exceeds supply.
The Elon Musk-led aerospace and AI company had already raised $75 billion in its Nasdaq debut on June 12, pricing 555.6 million shares at $135 each.
