SpaceX IPO raises $85.7 billion after underwriters excercise overallotment

SpaceX has achieved a historic financial milestone, raising a total of $85.7 billion through its IPO. This record-breaking amount was reached after underwriters fully exercised the overallotment greenshoe option, maximizing their share purchases. This action increased the total capital raised during the process, marking the biggest-ever IPO for the company. The final figure reflects the high demand and the full utilization of available options by the underwriters involved in the offering.