SpaceX Becomes Public Company, Valued at $1.8 Trillion

Space Exploration Technologies Corp., better known as SpaceX, has become a publicly traded company after nearly 25 years of operation. The company's shares began trading on the NASDAQ exchange in New York City Friday, valuing it at almost $1.8 trillion, with the stock increasing in value throughout the day. The CEO Elon Musk became the world’s first trillionaire, and thousands of SpaceX employees saw their fortunes increase overnight thanks to the company's stock options plan.