SpaceX IPO Closes at $85.7B After Greenshoe

What did the SpaceX IPO raise in total?

Space Exploration Technologies Corp. raised $85.7 billion in its IPO after underwriters exercised their full greenshoe overallotment option. The closing was announced on June 15, 2026, according to SpaceX's investor relations page. The company sold a total of 638,888,888 shares of Class A common stock at $135 per share.

What is the greenshoe overallotment option?

A greenshoe option is a provision in an IPO underwriting agreement that lets underwriters buy additional shares from the issuer, typically to stabilize the stock price after listing. In SpaceX's case, underwriters had a 30-day option to purchase up to an additional 83,333,333 shares. They exercised that option in full, as reported by CNBC.

How did SpaceX's IPO timeline unfold?

Here's what we know so far about the sequence of events leading to the $85.7 billion close:

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The roadshow announcement also confirmed SpaceX's intent to grant underwriters a 30-day overallotment option, per the SpaceX investor relations page.

Who were the underwriters for the SpaceX IPO?

Goldman Sachs and Morgan Stanley served as brokers for the offering, according to CNBC. They held the option to purchase the additional 83.3 million shares. Exercising the full overallotment added roughly $11.25 billion to the original $75 billion raised at pricing.

Where does SpaceX trade and under what ticker?

SpaceX's Class A common stock trades on the Nasdaq Global Select Market under the ticker SPCX. The company confirmed the Nasdaq listing in its June 11, 2026 pricing announcement. SpaceX is headquartered in Starbase, Texas, where all three IPO press releases originated.

How many shares were sold in total?

• Initial offering: 555,555,555 shares at $135 per share
• Greenshoe addition: 83,333,333 shares
• Total shares sold: 638,888,888 shares
• Total capital raised: $85.7 billion

The overallotment shares represented a roughly 15% increase over the base offering size, which is standard for greenshoe provisions.

What does this mean for founders tracking large tech listings?

SpaceX's $85.7 billion raise sets a new benchmark for IPO scale. Builders and founders watching public market conditions can compare this to other major capital events — including Bezos's Prometheus AI launch at a $41 billion valuation, or the Salesforce acquisition of Fin for $3.6 billion. The SpaceX deal shows that large-scale investor appetite for technology and infrastructure companies remains strong in 2026.

For context on how AI companies are scaling revenue alongside these capital markets moves, the Perplexity CEO revenue update offers a useful data point from the private AI sector.

The confirmed closing date is June 15, 2026, with shares already trading on Nasdaq under SPCX.