SpaceX's IPO raised $85.7 billion after underwriters exercised a greenshoe option, driven by overwhelming investor demand and significant stock gains post-market debut.

SpaceX shares surged 19% on their Nasdaq debut after the company raised $75 billion in the largest IPO ever, pushing Elon Musk's net worth past $1 trillion.

SpaceX shares surged 19% on their first trading day, closing at $160.95 and cementing the company's position as one of the most valuable public firms globally.