SpaceX made its historic public debut Friday following a record-breaking $75 billion IPO, instantly becoming one of the world's most valuable companies. Shares opened at $150 after pricing at 135 and surged as much as 31%, giving the company a market value of more than $2 trillion. Demand was unprecedented, drawing more than $350 billion in orders from retail investors, institutions, and sovereign wealth funds. The frenzy was so intense that nearly one third of institutional bidders received no shares at all. While SpaceX executives celebrated at the Nasdaq in New York, Elon Musk stayed in Starbase, Texas, live-streaming his reaction as the company he founded in a California warehouse became the largest IPO in history. The blockbuster debut is also a major win for the broader tech sector, reinforcing investor appetite for AI, infrastructure, and an ambitious growth story. SpaceX lost nearly $5 billion last year, but after adding hundreds of billions of dollars in market value on day one, investors sent a clear message: they're still willing to bet on Elon Musk.