Elon Musk's company SpaceX is set to go public on Friday. It's part of the fast-growing space economy as companies compete to be part of the future.

Elon Musk’s rocket company SpaceX will make its debut on Wall Street Friday. Both institutional and retail investors are expected to gobble up the 555.6 million shares going up for sale at

SpaceX CEO Elon Musk outlined more details for his company’s planned data centers in space ahead of a widely anticipated IPO on Thursday (June 11) expected to make him a trillionaire.

Elon Musk's stake in SpaceX could already be worth $830 billion, in addition to his Tesla holdings. SpaceX stock could soar at IPO, but it could be volatile in the ensuing weeks. Elon Musk has even more stock options.

Depending on the SpaceX stock price, the initial public offering could make Elon Musk rich enough to spend $1 million a day for 2,700 years.

Elon Musk sells off a piece of the company to the public this week, and shares will start trading on the NASDAQ exchange, explains CBS News Business Analyst Jill Schlesinger.

The initial public offering for SpaceX is poised to generate billions of dollars in profits for the fortunate few investors who got in early on Elon Musk’s rocket, satellite and artificial intelligence company.

Retail investors are expected to have access to a much larger portion of SpaceX shares than a typical IPO. WSJ’s Miriam Gottfried explains how to get in on the action and what to keep in mind when deciding if you want to invest.