SpaceX Surges Another 10%—Passing Amazon As Fifth-Largest Company
BreakingBusinessSpaceX Surges Another 10%—Passing Amazon As Fifth-Largest CompanyByTy Roush,Forbes Staff. Ty Roush is a breaking news reporter based in New York City.Follow AuthorJun 16, 2026, 09:51am EDTToplineSpaceX on Tuesday surpassed Amazon as the fifth-largest company by market capitalization, as shares surged to open their second full trading day after the stock’s record-setting IPO.Shares of Elon Musk’s rocket maker have soared by more than 30% since their trading debut. Getty ImagesKey FactsShares of SpaceX rallied by more than 10% shortly after trading opened on Tuesday, raising its market value to about $2.78 trillion and ranking it ahead of Amazon ($2.6 trillion) as the fifth-largest company. This is a developing story.Got a tip? Share confidential information with Forbes.Editorial StandardsReprints & PermissionsLOADING VIDEO PLAYER...FORBES’ FEATURED Videoالمصدر: Forbes Business | Source: Forbes Business
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