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SpaceX soars above Amazon in market cap

Data: FactSet ; Chart: Matt Phillips/Axios SpaceX jumped another 4.8% Tuesday, enabling Elon Musk's space launch/satellite services/AI/social media conglomerate to leapfrog Amazon.com in market value. In just its first two full days of trading, SpaceX has added roughly $537 billion to push its market value to $2.659 trillion, according to FactSet data. That puts it ahead of Amazon.com, which was valued at $2.646 trillion at Tuesday's close. Why it matters: The gain underscores the extraordinary…

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AxiosCenter·3h ago
SpaceX soars above Amazon in market cap
Data: FactSet ; Chart: Matt Phillips/Axios SpaceX jumped another 4.8% Tuesday, enabling Elon Musk's space launch/satellite services/AI/social media conglomerate to leapfrog Amazon.com in market value. In just its first two full days of trading, SpaceX has added roughly $537 billion to push its market value to $2.659 trillion, according to FactSet data. That puts it ahead of Amazon.com, which was valued at $2.646 trillion at Tuesday's close. Why it matters: The gain underscores the extraordinary…
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SpaceX soars above Amazon in market cap

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