Elon Musk Becomes First Trillionaire After SpaceX IPO (opens in new tab)

Elon Musk’s SpaceX opened at $150 on Friday after the company sold 555 million shares at $135 each in what would be the largest initial public offering in history.The company raised approximately $75 billion in the IPO, surpassing the previous record set by Saudi Aramco in 2019. Shares quickly climbed more than 10% in early trading.“It’s certainly hard to believe that a little company that started in a warehouse in El Segundo is now going public in the largest IPO ever,” Musk said from SpaceX...