Shares of Elon Musk's SpaceX rose more ​than 10% in premarket ‌trading on Tuesday, putting the company on course to ​overtake Amazon.com in ​market value to become the ⁠world's fifth‑largest company,

On Friday, the world waited with bated breath to watch how markets would react to SpaceX’s blockbuster $1.75 trillion IPO, which raised $85.7 billion in proceeds. Now, on its first full day of trading,

SpaceX raised $10bn (£7.5bn) more than initially thought when it sold shares to the public on Friday - bringing in a total of $85.7bn. Elon Musk's rocket company pulled off the biggest initial public offering (IPO) in history when it joined New York's Nasdaq stock exchange last week.

The SpaceX IPO raises unprecedented questions about Wall Street’s role in future mega-IPOs, what this event means for the current bull market in stocks, the wisdom of concentrating so much wealth in so few hands and the rise of wealth inequality.

Now it's about whether the stock can maintain its day-one momentum, its impact on a sibling company, and how other IPO giants adjust plans. Le

There are IPOs, and then there is what SpaceX pulled off on Friday. The initial public offering for Elon Musk’s rocket shop didn’t just exceed previous IPOs—it blew them out of the water. SpaceX raised an eye-popping $75 billion,

SpaceX, Elon Musk’s massive space-exploration-slash-AI company, went public in a record-breaking IPO last week. But even if you’re not buying yet, you could still see the company’s stock in your 401(k) soon via a number of avenues.

The rocket company's record-shattering $75 billion IPO stands out, if only by the sheer numbers of the deal. SpaceX shares surged as much as 30% Friday, pushing its market value above $2 trillion and instantly making it one of the 10 most valuable companies on the planet.