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stocksJun 15, 2026, 2:51 PM

SpaceX IPO Raises Record $85.7B, Exceeds Saudi Aramco

The SpaceX IPO raised a record $85.7 billion after underwriters exercised the greenshoe overallotment, surpassing Saudi Aramco's 2020 IPO by 191%.

SPCX

The SpaceX IPO, under ticker $SPCX, raised a record $85.7 billion after underwriters exercised the "greenshoe" overallotment. This officially exceeds the previous record by 191%, which was set by Saudi Aramco in 2020 at $29.4 billion. The news was shared by The Kobeissi Letter.

Source: The Kobeissi Letter