SpaceX is sharing financial results directly on website and X
Business
SpaceX is changing things up by sharing its financial results and big announcements directly on its website and X (formerly Twitter), instead of the usual business newswires.
It's encouraging members of the investment community, the media, and others to follow its investor relations page on its website and X account to review the information disclosed through those channels.
SpaceX IPO underwriters exercise greenshoe $85.7B
On the same day, SpaceX announced its underwriters had exercised a greenshoe option in its IPO, raising total proceeds to $85.7 billion, a new record for the company.
The IPO originally brought in $75 billion by selling 555.56 million shares at $135 each.
After this news dropped, SpaceX shares jumped 19% during Monday trading and kept climbing after hours.