Capital DailyCapital Daily
Finance

SpaceX IPO: Here's Why Another $20 Billion Capital Raise Is on the Way

SpaceX just completed its record-breaking IPO.

SpaceX IPO: Here's Why Another $20 Billion Capital Raise Is on the Way

SpaceX IPO: Here's Why Another $20 Billion Capital Raise Is on the Way

Published June 21, 2026 · Category: Finance

Overview

You've likely seen the headlines about Space Exploration Technologies (NASDAQ: SPCX) raising $75 billion during its June IPO. The true figure, however, is even higher.

When investment banks underwrite an IPO, they typically secure a "greenshoe" option that allows them to sell even more stock than planned should the IPO price surge on opening day. That was the case with the SpaceX IPO. In the end, the company ended up raising an impressive $85.7 billion from its public debut.

Details

"The additional money raised in the SpaceX overallotment is bigger than almost all tech IPOs on record," observes a CNBC report.

Continue reading

Source

Originally published at www.fool.com.

Related Articles

CD
Capital Daily Newsroom

Capital Daily covers markets, crypto and commodities for Asia & the Middle East — tier-1 desk research, AI-driven analysis, institutional-grade data. Tip our newsroom: [email protected]

Email the newsroom →
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.