Hyderabad, June 12 -- SpaceX has raised USD 75 billion in the largest initial public offering (IPO) in history, pricing 555.6 million shares at USD 135 each, pushing founder Elon Musk to the threshold of becoming the world's first trillionaire.

The listing, which debuted on Nasdaq on Friday, June 12, under the ticker SPCX, is more than double the size of Saudi Aramco's USD 29.4 billion IPO in 2019, which was previously the biggest ever. The deal drew demand for more than four times the shares on offer.

At the IPO price, SpaceX commands a market value of USD 1.77 trillion, making it one of the 10 largest public companies in the world and larger even than Musk's own Tesla.

Musk's net worth

Musk's net worth will rise roughly USD 275 bill...