Tom Mueller

SpaceX IPO raises $85.7bn after greenshoe, vaults company to $2.26tn valuation and makes Elon Musk the world's first trillionaire

SpaceX's Nasdaq debut saw shares jump more than 30% from the $135 IPO price, lifting the company's market capitalisation to $2.26tn and pushing Elon Musk's net worth past $1tn.