SpaceX's IPO includes a 'greenshoe' option – here's what that means

SpaceX's initial public offering (IPO) includes a 'greenshoe' option. This was reported by Qazaqyia.kz citing Reuters.

The 'greenshoe' option, officially called an over-allotment option, allows underwriters to sell additional shares during an IPO. This helps stabilize the share price and meet market demand. The inclusion of this option in SpaceX's IPO is significant information for investors.