Catenaa, Monday, June 15, 2026- SpaceX has raised $85.7 billion in its US IPO after underwriters exercised the “greenshoe” option.
Shares of SpaceX have jumped over 15% since its Nasdaq debut on Friday, lifting the company’s market capitalization above $2 trillion and making Musk the world’s first trillionaire. The company had priced its offering of 555.56 million shares at $135 apiece.
SpaceX’s IPO included a so-called greenshoe option, a standard feature of most large US stock market listings that acts as a safety valve, helping underwriters support the stock and limit sharp price swings in the weeks after trading begins.
The IPO dwarfed every stock market listing on record globally, surpassing oil giant Saudi Aramco’s 2019 listing, which had previously held the title of the world’s largest IPO.
The stock was up 7.4% on Monday, adding to Friday’s gains.
Meanwhile, Elon Musk said on Sunday that his rocket company, SpaceX, could bring in $1 trillion in revenue by 2030, making the statement two days after the company went public, valuing it at over $2 trillion.
“And I would be surprised if revenue is not greater than $1T in 2031,” he wrote on his social media platform X, replying to journalist and financial commentator Jon Erlichman.
SpaceX on Friday became the sixth-largest US firm, cementing Musk’s status as the world’s first trillionaire.
However, the company still makes far less money than similarly valued tech giants like Broadcom and Amazon.
In 2025, SpaceX’s revenue jumped to $18.67 billion from $14.02 billion a year earlier, but the company swung to a net loss of $4.94 billion from a profit of $791 million.
Some Wall Street analysts are cautious about the company’s growth.
Goldman had estimated that SpaceX’s revenue would exceed $470 billion in 2030, while Morgan Stanley projected it would reach nearly $330 billion, according to a Wall Street Journal report from earlier this month.
