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SpaceX Shares Soar Again In Premarket As It Inches Towards $2.75 Trillion Market Cap
Key takeaways
- The rocket company’s market cap crossed $2.5 trillion on Monday and if the premarket surge holds, its valuation could surge past $2.75 trillion.
- SpaceX is currently the sixth most valuable company in the world and the premarket jump continues after the opening bell; it could overtake Amazon and inch close to Microsoft’s market cap.
- According to Forbes’ estimates, Musk’s current net worth as of Monday night’s market close is $1.3 trillion dollar.
Topline Space X shares soared more than 10% in the premarket early on Tuesday, after rising almost 20% in its first full day of trading on Monday following a historic IPO launch last week for the rocket and AI company, which made its founder and CEO, Elon Musk, the world’s first trillionaire.
Space X shares soared again in premarket trading early on Tuesday.Getty Images Key Facts In premarket trading early on Tuesday, Space X’s stock price climbed to $212.4, up around 10.35% from Monday’s close.
The rocket company’s market cap crossed $2.5 trillion on Monday and if the premarket surge holds, its valuation could surge past $2.75 trillion.
Article preview — originally published by Forbes. Full story at the source.
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