SpaceX shares surged on market debut, pushing valuation to $1.77 trillion as Elon Musk’s firm enters the trillion-dollar club and eyes AI-space expansion.

The company controlled by Elon Musk will begin trading on Friday at a valuation of $1.77 trillion.

SpaceX prices the largest IPO in history at $135 per share, targeting a $75 billion raise and a $1.8 trillion valuation as Musk nears trillionaire status.

Wall Street debut values the space, satellite and AI provider at $1.77-trillion

SpaceX raises $75 billion in a record IPO, valuing Elon Musk’s company at $1.77 trillion as it enters Nasdaq with Starlink driving growth.