Elon Musk's SpaceX company has floated on the Nasdaq stock exchange, with shares climbing more than 25% above the opening price. This makes Musk the world's first paper trillionaire, at least by market capitalization.

Elon Musk became the world’s first trillionaire in the blockbuster debut.

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…

SpaceX's record IPO positions it as a trillion-dollar company, marking a pivotal moment in the market and investor landscape.