SpaceX commenced trading on a secondary market Friday, offering existing shareholders—not the public—an opportunity to buy and sell shares. The company’s stock price opened at $420 per share and quickly rose, indicating strong investor demand. This initial trading activity values SpaceX at approximately $175 billion. The surge in share value significantly increases the net worth of Elon Musk, potentially propelling him to become the world’s first trillionaire. While not a traditional Initial Public Offering (IPO), this move provides liquidity for SpaceX employees and early investors. The company did not issue any new shares, and no capital was raised in this transaction. The event highlights continued confidence in SpaceX’s ambitious space exploration and technology ventures.