SpaceX shares surged on their Nasdaq debut, valuing the company at nearly $1.96 trillion. This historic Initial Public Offering made Elon Musk the world's first trillionaire. The rocket maker raised substantial funds, surpassing Saudi Aramco's IPO. Investors are watching closely as SpaceX aims for Mars and beyond, with Starlink driving its growth.

The final price for the SpaceX IPO has been set at $135 per share, giving the company a $1.77 trillion valuation when it starts trading on Friday.

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 shares opened at US$150 in Nasdaq, up from its US$135 IPO price per share.

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