▲ SpaceX
Shares of the U.S. aerospace and AI company SpaceX continued their sharp rally on June 15 (local time), the second day of trading.
On the New York Stock Exchange that day, SpaceX stock closed at $192.50, up 19.6% from the previous session.
Following a 19.3% gain on its first day of trading, the stock saw another significant jump on its second day.
According to the market capitalization tracking site companiesmarketcap.com, SpaceX's market cap reached $2.52 trillion, placing it 6th overall.
This puts it within a narrow margin of 5th-place Amazon ($2.65 trillion).
As the joint lead underwriters for SpaceX exercised their over-allotment option (greenshoe), the total capital raised through this IPO increased to $85.7 billion (approximately 130 trillion won).
Previously, SpaceX had announced on June 11 that it set the offering price at $135 per share and planned to raise $75 billion (approximately 113 trillion won) by selling 555.56 million shares of common stock (Class A).
Subsequently, the underwriters exercised the greenshoe option, bringing the final number of issued shares to 638.89 million.
SpaceX's successful debut is being viewed as having eased concerns about the market's ability to absorb large-scale initial public offerings (IPOs).
Bloomberg predicted that this trend would have a positive impact on the upcoming IPOs of Anthropic and OpenAI, which are expected to go public this year.
Max Gokhman, senior vice president at Franklin Templeton Investment Solutions, said, "It is not surprising that there was a surge in initial demand. It was driven particularly by retail investors who had been sitting on the sidelines, waiting for an opportunity to enter the market."
According to Vanda Research, retail investors purchased as much SpaceX stock in the first two days of trading as they had bought in the entire U.S. stock market last week.
(Photo: AP, Yonhap News)
※ Please note: This article was translated by AI and may contain errors.