SpaceX has made history with its $85.7 billion initial public offering, making it the largest IPO in history. The company’s shares rose 11% on their first day, with a 30% increase in midday trading. The IPO has brought in $500 million in fees for banks, with Goldman Sachs and Morgan Stanley being the biggest winners. SpaceX’s CEO Elon Musk has expressed his appreciation for the company’s employees, and the company’s valuation has ballooned to $2.7 trillion, making it the fifth-most valuable company in the world.