SpaceX raises $86B in record-breaking IPO
June 15, 2026 1:55 pm
By Andrew Moran Contributing Writer SpaceX raised almost $86 billion from last week’s record initial public offering — also known as an IPO — after major brokers exercised their overallotment of shares, the company said on Monday. Elon Musk’s rocket, artificial intelligence and satellite company raised $75 billion during the largest IPO ever. Underwriters — including Goldman Sachs, JPMorgan Chase and Morgan Stanley — chose to purchase an additional 83.3 million shares under the overallotment. Referred to as the “greenshoe,” the overallotment is typically exercised
