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SpaceX Skyrockets 20% Overnight; Mkt Cap Tops USD2.5T; Net Proceeds Raised to USD85.7B
Recommend 8 Positive 13 Negative 6 |
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SpaceX (Space Exploration Technologies Corp. (SPCX.US)) debuted in the US bourse last Friday (12th). The stock shot up by a further 19.6% overnight, with its market cap surpassing USD2.5 trillion. In after-hours trading, the shares rallied another 7.7% to USD207.43. The company also announced that it exercised the over-allotment option for its IPO, allowing underwriters to issue an additional 83.3 million shares, bringing the total fundraising amount to USD86.2 billion. After deducting USD500 million in underwriting fees as stated in the prospectus, net proceeds amounted to USD85.7 billion. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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