SpaceX vaults past Microsoft and Amazon's market value as post IPO momentum builds
Shares jumped more than 14% as investors bet on limited float and future AI revenue, lifting SpaceX past Amazon and briefly above Microsoft.
- On Tuesday, June 16, 2026, SpaceX shares climbed more than 14 percent, lifting its valuation past Amazon and briefly above Microsoft to rank among the five most valuable companies globally.
- The company's initial public offering raised $85.7 billion after underwriters exercised the "greenshoe" option, though analysts warn that high valuations and limited float are driving speculative trading activity.
- Options trading for SPCX launched Tuesday with strikes ranging from $25 to $380, while index providers FTSE Russell and MSCI plan to add the stock to their indexes effective June 26 and June 29.
- SpaceX announced plans to acquire software company Anysphere for $60 billion, despite reporting a net loss of $4.94 billion last year as spending ramped up due to AI investments.
- Passive funds and ETFs tracking the Nasdaq 100 will soon increase demand for shares, though brokerage Zephirin Group notes that index inclusion alone is typically insufficient to drive sustained repricing.
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On Tuesday night, SpaceX was valued at $2.66 trillion. Some worry that that's too much. But how can you even measure it?
SpaceX enters world's top 5 club: Elon Musk's company now worth more than Amazon
SpaceX jumped past Amazon within days of its market debut after a sharp Wall Street rally. The surge, driven partly by options trading and index inclusion hopes, has intensified debate over its valuation.
After three sessions, SpaceX already among world's most valuable companies
SpaceX shares surged again Tuesday, lifting Elon Musk's rocket company into the world's top five in market value for most of the session as a record-breaking IPO gave way to a torrid buying frenzy.
With its shares soaring, Elon Musk's company is even surpassing competitors in valuation.
Amazon Dethroned: SpaceX Is Worth More Than the Retail Giant Despite Generating Just a Fraction of Its Revenue
Elon Musk's technology empire has surged into the top tier of global business after a blockbuster takeover sent the newly public company's valuation soaring past a major rival. The deal marks a dramatic reshaping of the tech landscape, cementing the firm's position among the world's most valuable companies and underscoring investors' growing appetite for Musk's ambitions in AI and beyond. SpaceX Eclipses Amazon in Global Wealth Rankings SpaceX, …
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