SpaceX Prices 555.6M Shares at $135, Secures $75B Plus $11B Greenshoe
SPCX•SpaceX priced 555.6 million shares at $135 each, raising $75 billion and valuing the company at about $1.8 trillion with an additional $11 billion greenshoe option available. Retail investors submitted over $100 billion in orders, driving rally in AST SpaceMobile, Rocket Lab, Redwire and EchoStar shares.
1. IPO Pricing and Valuation
SpaceX officially priced 555.6 million shares at $135 each, raising $75 billion and establishing a company valuation of approximately $1.8 trillion on debut.
2. Greenshoe Option Details
Underwriters hold an option to purchase an additional 83 million shares, which could generate a further $11 billion in proceeds if fully exercised.
3. Retail Investor Demand
Retail investors submitted more than $100 billion in orders for SpaceX shares, oversubscribing the deal by over four times and securing at least 20% of available shares.
4. Sector Reaction and Commentary
Shares of AST SpaceMobile, Rocket Lab, Redwire and EchoStar jumped between 5% and 11% after the pricing, while commentary highlighted a ‘perfect’ 20% first-day gain as an ideal IPO outcome.
