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The Economic Times
The Economic Times
Business

US stocks: SpaceX to make historic listing on Nasdaq on Friday that could make Elon Musk a trillionaire

Elon Musk's SpaceX on Thursday confirmed it will begin trading on the Nasdaq exchange Friday in the biggest initial public offering in history, a blockbuster market debut that could propel the entrepreneur to trillionaire status.

In a filing with the US markets regulator, the company priced more than 555 million shares at $135 each, placing SpaceX among Wall Street's most elite companies with a valuation of just under $1.8 trillion.

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