SpaceX rockets past Amazon, eyes Microsoft in sprint toward $3 trillion
Key takeaways
- That makes SpaceX one of the fastest new entrants ever into the top tier of the US market.
- From its $150 opening trade, SpaceX had gained about 50% at Tuesday s high, adding nearly $1 trillion in market value.
- At the same moment SpaceX hit its high, Amazon was valued at nearly $2.65 trillion, and Microsoft at nearly $2.93 trillion.
Space X rockets past Amazon, eyes Microsoft in sprint toward $3 trillion Jared Blikre Updated Tue, June 16, 2026 at 11:50 PM GMT+7 2 min read SPCX AMZN MSFT GOOG NVDA Space X (SPCX) surged again on Tuesday, passing Amazon (AMZN) and briefly topping Microsoft (MSFT) as the rocket maker s market value approached $3 trillion.
At its Tuesday high of $225.64, Space X was valued at roughly $2.97 trillion, putting it behind only Nvidia (NVDA), Alphabet (GOOGL, GOOG), and Apple (AAPL) among US public companies, according to a Yahoo Finance analysis of AlphaSpace data.
That makes SpaceX one of the fastest new entrants ever into the top tier of the US market. Just days after its public debut, the company is already trading in the same market-cap neighborhood as the world’s largest technology companies.