Investors fuel SpaceX boom as stock soars for second straight session

SpaceX exercised its IPO over-allotment (greenshoe) option, allowing underwriters to sell an additional 83.3 million shares and raising the total IPO size to $86.2 billion. Separately, US markets rallied to record highs with the Dow Jones up 1.24% to 51,839, S&P 500 up 1.73% to 7,560, and Nasdaq up 2.68% to 26,582, driven by strong investor sentiment.