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

SpaceX's Nasdaq debut saw its valuation surge past $2 trillion, making it the sixth-largest US company, with shares opening at a 30% increase from the IPO price. The IPO raised $75 billion, marking the largest US IPO and a milestone in Musk's ambitions.

• SpaceX's Nasdaq debut on Friday saw shares indicated to open at $175, a 30% jump from its $135 IPO price
• The company's valuation surpassed $2 trillion, making it the sixth-largest publicly listed company in the US
• SpaceX's IPO raised $75 billion, marking the largest US IPO and a milestone in Musk's ambitions