SignificantEconomyAxios·Axios

SpaceX soars above Amazon in market cap

SpaceX added 4.8% Tuesday, increasing its market value to $2.659 trillion and surpassing Amazon.com. This valuation leap occurred within SpaceX's first two full trading days, following a $60 billion all-stock deal to acquire Cursor.

Impact Score

6/10

Tuesday, June 16, 2026 at 05:14 PM EDT

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