SpaceX Stock Surges 30%, Market Cap Reaches $2.3 Trillion
SpaceX stock ($SPCX) surged over 30% to a fresh record high, giving it a market capitalization of $2.3 trillion and making it the 6th largest public company in the world.
SPCX
Shares of SpaceX ($SPCX) rallied more than 30% to a new all-time high, propelling the company's market capitalization to $2.3 trillion.
At this valuation, SpaceX becomes the sixth most valuable publicly traded company globally. The sharp move reflects continued investor enthusiasm for the aerospace and defense sector, as well as SpaceX's dominant position in space exploration and satellite communications.
Source: The Kobeissi Letter