The aerospace company’s market capitalization surged to $2.1 trillion by the end of trading.

The aerospace company’s market capitalization surged to $2.1 trillion by the end of trading.

The initial public offering from the rocket and AI company raised some $75 billion, making the company one of the biggest in the world — and likely making Elon Musk a trillionaire.

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.

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…