SpaceX IPO raised $10bn more than thought (opens original article in a new tab)

SpaceX's IPO raised $85.7bn, exceeding initial projections by $10bn through a 'greenshoe' clause, with shares surging 14% on their first full trading day.

• SpaceX raised $85.7bn in its IPO, $10bn more than initially expected
• The additional $10bn came from a 'greenshoe' clause allowing underwriters to sell more shares
• SpaceX shares surged 14% on their first full day of trading, reaching $184