Spacex Market Cap Surpasses Amazon After IPO Surge
SpaceX's market value jumped to $2.7–$2.75 trillion following its IPO rally, overtaking Amazon to become the fifth-largest company worldwide.
According to a social media post, SpaceX's market capitalization surged to approximately $2.7–$2.75 trillion after its initial public offering rally. This valuation surpasses Amazon, which stands at about $2.65 trillion.
The rise pushes SpaceX past Amazon and into the position of the fifth-largest company globally by market value, based on the figures cited.
Source: First Squawk