SpaceX raised $75 billion in its IPO, and reports later said the total climbed to $85.7 billion after underwriters exercised the overallotment option.

Quick Scoop

  • Initial IPO amount: $75 billion.
  • Final reported total: $85.7 billion.
  • Why it increased: The underwriters used the “greenshoe” overallotment option, adding about $10 billion more.

What that means

The headline number people first saw was $75 billion, but the fuller transaction later came in higher at $85.7 billion. That makes it one of the biggest public offerings ever reported.

Tl;dr

SpaceX’s IPO raised $75 billion at first, then $85.7 billion after the overallotment was exercised.