Stock futures were on the rise on Friday as investors geared up for SpaceX's trading debut in the largest IPO ever, which has been officially priced at $135 per share.
Its performance Friday will be a crucial gauge of investor appetite for the mega-offerings from OpenAI and Anthropic expected in coming months.
"SpaceX's long-awaited IPO is set to be one of the biggest moments for markets today," said Hargreaves Lansdown. "The real test comes once trading begins, because strong demand for an allocation does not always translate into the same willingness to buy in the open market."
Swissquote Bank said Elon Musk could become the world's first trillionaire, as SpaceX already sold around $75 billion of shares in an offering Thursday that valued the company at roughly $1.77 trillion.
Oil prices were falling on Friday, with Brent crude futures down more than 3% after President Trump said the U.S. was nearing a deal on peace talks with Iran.
