Elon Musk's SpaceX valued at nearly $1.8tn ahead of record share sale

SpaceX has said shares should sell to the public for at least $135 (£100) when it becomes a publicly traded company on Friday, in what is expected to be the highest-value stock listing in history.

The estimated price is the same as the space exploration and artificial intelligence (AI) company set a week ago, lifting the firm's valuation to nearly $1.8tn.

SpaceX is aiming to raise $75bn through its initial public offering (IPO).

Should shares sell at the suggested price, or more, depending on market supply and demand, SpaceX founder and chief executive Elon Musk - already the richest man in the world - will be the world's first trillionaire.