And we’re off! SpaceX executives at the Nasdaq stock exchange have rung the opening bell, and the world’s biggest ever stock market flotation is underway.
There’s much celebrating at the Nasdaq, and also at SpaceX’s HQ where Elon Musk and his staff are also clapping excitedly.
A reminder, SpaceX is floating on the market at a valuation of $1.77tn after raising a record-breaking $75bn from investors through its IPO share sale.
The IPO price pushed up Musk’s wealth to $982.6bn, according to Forbes, so a small rise in the company’s share price today would make him the world’s first trillionaire.