The company plans to stop taking orders on Wednesday, so it has more time for share allocation on Thursday, according to people familiar with the matter.

Elon Musk has many people to thank for becoming the world’s first trillionaire — his companies’ engineers who produced technological breakthroughs, Wall Street investors who were eager to shower him w...

Shares jumped more than twenty five per cent over their initial offer price, valuing the rocket, satellite, and AI firm at more than two trillion dollars.