Elon Musk becomes world's first trillionaire as SpaceX IPO hits record valuation (opens original article in a new tab)

SpaceX is set to make the largest-ever stock market debut with an IPO priced at $135 per share, raising $75 billion and valuing the company at $1.77 trillion, with Elon Musk retaining significant control.

• SpaceX set an IPO price of $135 per share, the largest-ever stock market debut
• SpaceX's IPO would raise about $75 billion, valuing the company at $1.77 trillion
• Musk would retain 82.4% voting control of SpaceX after the IPO
• SpaceX's valuation surpasses Saudi Aramco's previous record of $1.7 trillion