SpaceX IPO Raises Another $10.7B

Underwriters exercised a greenshoe overallotment option after SpaceX shares rose, converting market demand into $10.7 billion of extra IPO money.

1. Frame 1SpaceX adds $10.7B to reach an $85.7B IPO after a greenshoe clause converts market demand into money.
2. Frame 2Underwriters' ledger shows the gate: Goldman Sachs and Morgan Stanley could buy 83.3M extra shares.
3. Frame 3The rule triggers only when shares rise; SpaceX's price board jumped from $150 toward $176.
4. Frame 4That price path closed at $160, more than 19% above the IPO price, keeping the clause useful.
5. Frame 5The public-market meter put SpaceX near $2.1T, turning private paper value into a traded benchmark.
6. Frame 6Now the threshold is visible: shares must hold above $150 after extra supply reaches investors.