SpaceX Raises $75 Billion in Biggest IPO of All Time

SpaceX launched its Initial Public Offering (IPO) on Friday, selling 555.6 million shares at $135 per share, establishing a market valuation of $1.77 trillion. This offering marks the largest IPO in history. Trading for the aerospace manufacturer's shares is scheduled to commence on the Nasdaq exchange. The successful IPO positions SpaceX founder Elon Musk to potentially become the world's first trillionaire, according to Bloomberg.