SpaceX shares shot 23% higher as the rocket maker’s shares soared in their debut on Wall Street and made CEO Elon Musk the first-ever trillionaire.

Rocketmaker SpaceX began trading on the Nasdaq Friday, boosting Musk’s fortune to an estimated $1.1 trillion.

Elon Musk's SpaceX was set to begin trading on the Nasdaq exchange Friday with the biggest initial public offering in history expected to make the polarizing entrepreneur the…

Musk's fortunes were boosted from $813 billion to over $1 trillion, sending SpaceX into the ranks of the world's most valuable companies.