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SpaceX overtakes Amazon as post-IPO rally continues

1 hour ago

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AI summary

SpaceX's stock rose more than 10% on Tuesday, extending a rally since its market debut. The company's market capitalization has surpassed Amazon, putting it on track to become the world's fifth most valuable listed company.

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Key facts

  • SpaceX's stock price rose for three consecutive days, surpassing Amazon to become one of the top five most valuable publicly traded companies globally.Confirmed by multiple sources · 36氪, The Next Web
  • On June 16, SpaceX's stock surged up to 17% during trading, briefly exceeding Microsoft's market cap and reaching $2.94 trillion, making it the world's fourth most valuable company at that moment.Reported by a single source · 36氪
  • By market close on June 16, SpaceX's stock was up 4.8%, with a market cap of $2.65 trillion, about $80 billion higher than Amazon's.Reported by a single source · 36氪
  • Since its IPO, SpaceX's stock has accumulated a gain of 49%.Reported by a single source · 36氪
  • SpaceX's post-IPO rally continued for at least four trading days, with shares rising more than 10% on one Tuesday.Reported by a single source · The Next Web

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SpaceX overtakes Amazon as post-IPO rally continues — Gazetaro