SpaceX closes its $85.7 billion initial public offering
SpaceX completed its public offering after the underwriters exercised their full option, establishing SPCX trading on Nasdaq markets.
Evidence notes
- The completed sale covered 638,888,888 Class A shares, including 83,333,333 shares from the underwriters’ option.
- Gross proceeds were approximately $85.7 billion before underwriting discounts, commissions and offering expenses.
- Trading began on 12 June 2026 on the Nasdaq Global Select Market and Nasdaq Texas under the symbol SPCX.