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SpaceX raised US$75 billion by selling about 555 million shares at US$135 each, valuing the company near US$1.8 trillion and making Elon Musk a paper trillionaire.

After months of waiting, SpaceX is now a public company. The stock climbed 31% above its offering price at at one point on the Nasdaq. Bloomberg's Yahaira Anand was there for opening bell and has more.

After months of waiting, SpaceX is now a public company. The stock climbed 31% above its offering price at at one point on the Nasdaq. Bloomberg's Yahaira Anand was there for opening bell and has more.

Veteran short seller James Chanos says the SpaceX mega IPO is a troubling sign for the broader markets. He says "we're going to shatter" records this year when it comes to IPOs. He speaks to Tom Keene and Scarlet Fu on "Bloomberg Money."

Shares of SpaceX appear ready to jump when they start trading on Friday after Elon Musk's company made history with a $75 billion IPO that instantly turned it into one of the biggest public companies in the world. Early indications of buying interest on Nasdaq pointed to a roughly 30% jump from the shares' offering price of $135. The stock is expected to officially start trading later Friday under the ticker SPCX. Campbell Harvey, Professor of Finance at Duke University's Fuqua School of Business, breaks down why the SpaceX IPO could expose major flaws in index construction, passive fund buying and market structure, with a tiny float and accelerated benchmark inclusion set to intensify demand.

SpaceX is heading for the biggest IPO ever. Bloomberg's Bailey Lipschultz and Sridhar Natarajan join Bloomberg Open Interest to break down how Wall Street is preparing for the historic debut. Demand is already huge, but the real question is whether SpaceX's massive offering helps reopen the IPO market, or just makes it even harder for everyone else.

Beijing DeepZero Chairwoman Grace Huang says the market's reaction to the its Hong Kong IPO is a sign that people are recognizing the power of AI. DeepZero's shares surged more than 260% on its debut on May 27.

NYSE President Lynn Martin says some of the rules used to attract SpaceX to go public on the Nasdaq are "questionable." She says "market integrity" is not a "competitive dynamic." Martin says it's been a good year for IPOs across all industries and they're working to bring more companies public. She speaks on "Bloomberg Surveillance."

SpaceX is expected to file paperwork for its massive initial public offering today. Goldman Sachs and Morgan Stanley are the leading banks. The target valuation is now above $2 trillion. Bloomberg's Bailey Lipschultz has more on what to expect.

"We've got to get the SpaceX IPO stuff going here pretty soon," Elon Musk said at a tech summit in Israel on Monday. He's looking to raise as much as $75 billion on a valuation of more than $2 trillion. Bloomberg's Anthony Hughes reports.