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France 24
France 24
Technology
FRANCE 24

Musk's SpaceX set to make biggest-ever initial public offering on Wall Street

SpaceX's Starship 39 rocket launches from Starbase
SpaceX's Starship 39 rocket launches from Starbase. © Ronaldo Schemidt, AFP

Elon Musk's space transport company SpaceX is set to begin trading on the US market on Friday with an offering of more than 555 million shares priced at at $135 each. The move is expected to place SpaceX in the top 10 of Wall Street's biggest companies and make Musk the world's first trillionaire.

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 polarising entrepreneur the world's first trillionaire.

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