Elon Musk becomes world’s first trillionaire as SpaceX opens higher in Wall Street debut (opens original article in a new tab)

SpaceX's Nasdaq debut saw shares surge 30% above the IPO price, valuing the company at $1.77 trillion and marking one of the largest US IPOs.

• SpaceX's Nasdaq debut saw shares indicated to open at $175, a 30% increase from the $135 IPO price
• The IPO valued SpaceX at $1.77 trillion, making it one of the largest US companies
• Market participants are monitoring the IPO as a test for Wall Street's trading infrastructure