SpaceX began trading on the New York Stock Exchange, opening at $150 per share – an 11% increase over its initial public offering price of $135. The strong opening indicates significant investor confidence in the space technology company. Demand for the IPO exceeded supply threefold, according to sources at the Financial Times. The company secured $75 billion in investment, marking the largest IPO in history. SpaceX’s ventures span space rockets, artificial intelligence, and satellite technology. Despite expressing initial skepticism about the company’s potential success, founder Elon Musk has become the world’s first trillionaire as a result of the offering, while retaining a substantial stake in the company.