Elon Musk's rocket company SpaceX will make its debut on Wall Street Friday. Institutional and retail investors jumped at the opportunity to buy 555.6 million shares at $135 apiece. Underwriters now have to match buyers and sellers to determine an opening price,
Musk, already the world's richest man, could become its first trillionaire. Ahead of the first trade, Forbes puts Musk's net worth at $981 billion.
SpaceX is likely to become the biggest IPO ever, with proceeds of around $75 billion. SpaceX hopes to become the first company to send people to Mars. In fact, part of Musk's future compensation depends on SpaceX eventually establishing a colony of at least 1 million people on the red planet.
