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SpaceX shares are surging 14% in early trading, putting Elon Musk's rocket company on track for a third-straight day of gains. On an intraday basis, SpaceX has already crossed that threshold. Its stock move gives the rocket company a market cap of about $2.937 trillion, versus $2.654 trillion for Amazon.
SpaceX (SPCX) went public on June 12, 2026, and within days the stock had pushed the company's market cap to $2.52 trillion, putting it within striking distance of cloud and e-commerce giant Amazon (AMZN). Much of the growth narrative centers on Starlink, now the company's most profitable business, while increasing investor attention is shifting toward SpaceX's orbital data center ambitions. See The Radical Bet At The Heart Of SpaceX’s $1.75 Trillion IPO.
The rocket and AI company’s shares jumped 20% on Monday. It was the second largest one-day gain in market valuation for a U.S. company ever.

SpaceX (SPCX) stock continues to reach new heights since its IPO last week, already breaking above $200 per share while its nearly $3 trillion market cap sets it up as a heavy hitter among Big Tech peers. Innovator From Goldman Sachs Asset Management chief investment strategist Tim Urbanowicz and Yahoo Finance Senior Reporter Brooke DiPalma discuss the FOMO (Fear Of Missing Out) rally that has pushed SpaceX so high in just a few trading days. SpaceX has also completed a deal to acquire AI coding startup Cursor for $60 billion.
(Bloomberg) -- SpaceX shares jumped on Tuesday, putting the firm on track to overtake both Amazon.com Inc. and Microsoft Corp. to become the fourth largest publicly traded company in the world just days after its blockbuster debut.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealStudios in Microsoft’s Xbox Division Brace for ClosuresUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds W
Space Exploration Technologies (SPCX) has agreed to acquire Anysphere, which operates artificial int
June 16 (Reuters) - The blue-chip Dow touched a fresh record high on Tuesday as oil prices slid further on optimism around a U.S.-Iran peace deal, while SpaceX surpassed Amazon's market value to
SpaceX boosts AI business with $60 billion deal for Cursor. Elon Musk makes this bold revenue target. SPCX stock surges.
SpaceX is now bigger than Amazon. Its shares are more popular than every other stock on the market, combined. And it just bought an AI company for $60 billion.
Options on SpaceX stock are scheduled to begin trading when the stock market opens on Tuesday. The options trading is likely to boost the stock, though it could create some intraday price swings. Demand for the stock is so high that the options are likely to be among the most actively traded in the entire options market, joining a pedigreed club that includes Apple Amazon com, Nvidia Meta Platforms, and others in an exclusive club.
Lidl, Asda, Amazon and B&Q among chains in talks to sell devices that feed into household sockets and can cut electricity bills by 30%
SpaceX’s after-hours high last night at $229.85 briefly pushed its market value above $3 trillion, leapfrogging two of the largest companies in the world. Amazon (NASDAQ:AMZN) carries a market cap of $2.57 trillion, and Microsoft (NASDAQ:MSFT) sits at $2.90 trillion. Shares of SpaceX aren’t trading at quite such lofty heights this morning; they’re currently trading for ... SpaceX Just Passed the Value of Amazon and Microsoft. At What Share Price Does it Become the World’s Most Valuable Company?
BANGALORE, June 16 - Indian online grocery retailer Bigbasket on Tuesday appointed Amit Nanda as its CEO, replacing co-founder Hari Menon, who will continue to serve on the board.
Investing.com - U.S. stock futures were little changed on Tuesday, while oil prices extended recent losses, as investors awaited further details on a preliminary peace agreement between the United States and Iran.
New data center expands cloud capacity push
Workday Inc. (NASDAQ:WDAY) is one of the 7 Worst Cloud Stocks To Buy According to Short Sellers. On June 2, Workday Inc. (NASDAQ:WDAY) announced a new integration between its data cloud and Amazon Web Services. This integration will allow developers to use Workday’s HR and financial data with Amazon Web Services. Moreover, this will make […]
A cash-heavy balance sheet is often a sign of strength, but not always. Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow.
(Updates with Palantir's statement in the fourth and sixth paragraphs and additional background deta
SpaceX's record-breaking market debut has pushed Wall Street to widen its favourite shorthand of the so-called 'Magnificent 7', with strategists folding Elon Musk's firm, OpenAI and Anthropic into a new 'FAB 10' label that captures the next phase of the AI trade.View on euronews
Anyone who bet the farm on Elon Musk's Space Exploration Technologies' IPO is counting their lucky stars.
The Montgomery County project will create over 400 full-time jobs and generate hundreds of millions in new tax revenue
SpaceX stock was trading around $213 in early Tuesday pre-market trading, pushing its market cap to $2.84 trillion
Although the AI buildout has minted trillions in fresh market value across Wall Street, Howard Marks thinks buyers of these stocks are kidding themselves about what they actually own. On a recent Prof G Markets appearance, Oaktree Capital co-founder Marks laid out a spectrum running from “analytical investing in prosaic, understandable companies” to “speculative investing ... Howard Marks: Investing in AI Stocks Is ‘Closer to Speculating’ Than Analysis
June 16 (Reuters) - U.S. stock index futures were subdued on Tuesday as investors switched focus to the first interest rate decision under new Federal Reserve Chairman Kevin Warsh, while SpaceX
↗️ SpaceX (SPCX): Shares of Elon Musk’s rocket company are poised for another day of gains, following a two-day rally that pushed the stock up about 43% from its IPO price. Shares advanced 9% premarket.