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# SpaceX Final IPO Tally Shifts Upward to $85.7 Billion
- URL: https://broadbandbreakfast.com/spacex-final-ipo-tally-shifts-upward-to-85-7-billion/
- Published: 2026-06-17T15:54:18.000Z
- Updated: 2026-08-21T21:50:46.000Z
- Description: Underwriters purchased an additional 83 million shares
- Author: Lincoln Patience
- Tags: Briefs, IPO, SpaceX, Gwynne Shotwell, Morgan Stanley, Goldman Sachs, Elon Musk, Cursor, #with-siderail

WASHINGTON, June 17, 2026 — SpaceX has [officially raised a total of $85.7 billion in its initial public offering](https://s21.q4cdn.com/184289198/files/doc%5Fnews/2026/Jun/15/Apex-Greenshoe-Press-Release-FINAL.pdf?ref=broadbandbreakfast.com), according to a company press release. 

SpaceX underwriters ​exercised the "greenshoe" or over-allotment ​option to ⁠purchase additional shares on Monday, increasing the total proceeds from its initial public ​offering to $85.7 billion, [Reuters reported](https://www.reuters.com/business/media-telecom/spacex-release-financial-results-through-website-x-platform-2026-06-15/?ref=broadbandbreakfast.com). SpaceX’s IPO was expected to raise $75 billion.

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The mechanism allowed underwriters at Morgan Stanley, Goldman Sachs, and other banks to purchase an additional 15 percent of SpaceX’s stock at the IPO price of $135 a share. The banks then sold the shares on the open market, treating them [as a safety valve](https://www.reuters.com/legal/transactional/spacexs-ipo-includes-greenshoe-option-heres-what-that-means-2026-06-12/?ref=broadbandbreakfast.com) in case of unexpectedly high demand.

Even before the over-allotment option, SpaceX’s IPO had climbed to be the largest IPO in history, [making founder **Elon Musk** a trillionaire](https://www.forbes.com/sites/pr/2026/06/12/forbes-declares-elon-musk-as-the-worlds-first-trillionaire/?ref=broadbandbreakfast.com). SpaceX’s market valuation is about $2.5 trillion.

 SpaceX announced Tuesday the purchase of “vibe coding” startup Cursor for $60 billion. [The acquisition is designed to help xAI compete with Anthropic and OpenAI](https://apnews.com/article/spacex-cursor-acquisition-vibe-coding-a5c60fcbaaca262cf107d30f1de899ef?ref=broadbandbreakfast.com), which have confidentially filed for IPOs in recent weeks.