SpaceX, the largest IPO to ever hit the public market, will begin trading on Friday morning. Shares of the company, which will be listed under the ticker symbol SPCX, will begin to show price indications at 9:50 a.

SpaceX is the biggest IPO in history, raising $75 billion ahead of its highly anticipated market debut and setting Elon Musk on the fast-track to trillionaire status. Brendan Greeley

Elon Musk’s space and AI conglomerate officially confirmed that it has raised $75 billion from the sale of its shares to its underwriters, who are set to begin marketing the company on the Nasdaq stock exchange Friday.

The SpaceX CEO's fortune on paper now rivals the annual economic output of many countries, according to World Bank data.

It’s SpaceX IPO day! Hooray? Odds are high that investors will clamor for some of the $75 billion worth of shares, a small sliver of equity that puts the market cap of Elon Musk’s aerospace and satellite company at an eye-watering $1.

You’ve seen this movie before — even if you’ve forgotten how it ends. SpaceX is about to stage what could be the largest IPO in history, targeting a roughly $1.75 trillion valuation at $135 per share on its Nasdaq debut.

The estimated price is the same as the space exploration and artificial intelligence (AI) company set a week ago, lifting the firm's valuation to nearly $1.8tn. SpaceX is aiming to raise $75bn through its initial public offering (IPO).

The hotly anticipated IPO is set to be the largest in stock market history, and is more than 7.5 times Alibaba's IPO, in second place.