SpaceX Surpassed Amazon in Market Cap This Week. What's Next for the Red-Hot Space Stock?
Key takeaways
- Anders Bylund, The Motley Fool Sun, June 21, 2026 at 1:13 AM GMT+7 4 min read SPCX AMZN NVDA On June 16, Space Exploration Technologies (NASDAQ: SPCX), or Space X, soared to an intraday high of $225.29 per share.
- The situation has reversed in the last couple of days, as Amazon caught a second wind and SpaceX started to sputter.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Anders Bylund, The Motley Fool Sun, June 21, 2026 at 1:13 AM GMT+7 4 min read SPCX AMZN NVDA On June 16, Space Exploration Technologies (NASDAQ: SPCX), or Space X, soared to an intraday high of $225.29 per share. With 13.17 billion fully diluted shares outstanding, Space X was worth $2.97 trillion for a few minutes. Amazon (NASDAQ: AMZN) traded 10.6% below its own $2.96 trillion market cap peak that day.
The situation has reversed in the last couple of days, as Amazon caught a second wind and SpaceX started to sputter. As of this writing on June 18, Amazon is back on top with a $2.62 trillion cap versus the rocketry and AI company s $2.36 trillion reading.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »