SpaceX made a blockbuster debut on the Nasdaq on Friday, with its shares surging 19 per cent and pushing the company's valuation beyond $2 trillion. The rally elevated SpaceX to the position of the sixth-largest publicly traded company in the United States and helped make founder Elon Musk the world's first trillionaire.

At US$135 a share, the offering will raise US$75 billion, making it the biggest market debut in history.

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