Elon Musk is poised to become the world's first trillionaire. His company, SpaceX, is set to begin trading on the Nasdaq Friday. It sold around $75 billion of shares Thursday in an offering that valued Musk’s stake at around $690 billion.

Elon Musk’s rocket company SpaceX will make its debut on Wall Street Friday and both institutional and retail investors are expected to gobble up the 555.6 million shares going up for sale at $135 apiece.

Retail investors are scrambling to get their hands on shares, but the IPO will impact the world's richest man, Elon Musk, who could become the world's first trillionaire overnight. As most readers know,

SpaceX priced its IPO, valuing the company at about $1.8 trillion. That values Musk's stake at about $866 billion. Combined with his Tesla position, Musk is worth roughly $1.1 trillion, according to Barron's.

Investors are counting down to the end of the week when Elon Musk’s SpaceX is expected to start trading in what could be the largest IPO on record. Some analysts have blamed recent volatility to inves

Elon Musk’s SpaceX plans to sell shares at $135 a piece this week, which works out to a total valuation of more than $1.7 trillion for the rocket, satellite and AI company. Investors are split on whether the company is worth that much.

SpaceX on Thursday night raised $75 billion in its IPO, valuing Elon Musk's company at around $1.77 trillion. Why it matters: This is the largest U.S. IPO ever, at least until Anthropic and OpenAI go public later this year,

Bankers are taking in hundreds of billions in orders for the $75 billion in stock SpaceX plans to sell this week.