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Reuters
Mon, June 15, 2026 astatine 9:23 AM CDT 1 min read
June 15 (Reuters) - SpaceX has raised $85.7 cardinal successful its U.S. archetypal nationalist offering aft underwriters exercised the "greenshoe" option, the rocket, AI and net institution founded by Elon Musk said connected Monday.
Shares of SpaceX jumped 19% successful their Nasdaq debut connected Friday, lifting the company's marketplace capitalization supra $2 trillion and making Musk the world's archetypal trillionaire. The institution had priced its offering of 555.56 cardinal shares astatine $135 apiece.
SpaceX's IPO included a alleged greenshoe option, a modular feature of astir ample U.S. banal marketplace listings that acts arsenic a information valve, helping underwriters enactment the banal and bounds crisp terms swings successful the weeks aft trading begins.
The IPO dwarfed each stock marketplace listing connected record globally, surpassing lipid elephantine Saudi Aramco's 2019 listing, which had previously held the rubric of the world's largest IPO.
The banal was up 6.4% successful early trading on Monday, adding to Friday's gains.
(Reporting by Manya Saini successful Bengaluru; Editing by Shinjini Ganguli)
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