Wall Street opens as SpaceX plans largest-ever stock market debut

SpaceX is going public today, hoping to raise up to $75bn (£56bn) in the process by selling shares in the company.

The space firm's stock market debut could be the largest-ever as it expects to sell 555.6 million shares at $135 (£100) each in its initial public offering (IPO).

The estimated proceeds would race past the $26bn raised by oil giant Saudi Aramco in 2019.

This flotation could give SpaceX a market value of $1.77trn (£1.53trn).

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