SpaceX’s initial public offering is reported to total $85.7 billion after underwriters exercise a “greenshoe” option, also described as an overallotment option. Multiple outlets say the IPO proceeds increase from an initial figure to the final $85.7 billion amount once the banks running the share sale add additional shares under the option. The exercise reflects strong demand for SpaceX shares, with banks opting to take advantage of the pre-arranged ability to sell more stock than initially planned. The reports are aligned on the final reported total proceeds figure of $85.7 billion and the mechanism used to reach it—underwriters exercising the greenshoe. Coverage focuses on the size of the proceeds and the role of the greenshoe in raising the final number, rather than on changes to pricing or timing beyond the option’s exercise. No outlet in the provided set contradicts the final total or the stated reason for the greenshoe being used: demand from investors prompts the underwriters to sell additional shares.