US stocks: SpaceX IPO haul rises to $85.7 billion after underwriters exercise greenshoe

SpaceX’s initial public offering has raised a record $85.7 billion. Underwriters exercised an option to buy more shares after strong demand. The company’s stock saw significant gains following its market debut. This event marks a major milestone for SpaceX and Elon Musk’s ventures. Investor interest was exceptionally high for this historic listing.