US stocks: SpaceX IPO haul rises to $85.7 billion after underwriters exercise greenshoe (opens original article in a new tab)

SpaceX's IPO proceeds rose to $85.7 billion after underwriters exercised the greenshoe option, with shares surging following its Nasdaq debut. The IPO attracted massive investor demand, oversubscribing by over three times.

• SpaceX's IPO proceeds increased to $85.7 billion after underwriters exercised the greenshoe option
• SpaceX's shares surged 19% after its Nasdaq debut and rose another 7% on Monday
• The IPO attracted over $250 billion in investor orders, oversubscribed by three-and-a-half to four times