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Yahoo Entertainment·2 min read·medium

SpaceX rockets past Amazon, eyes Microsoft in sprint toward $3 trillion - Yahoo Finance

J
Jared Blikre
SpaceX rockets past Amazon, eyes Microsoft in sprint toward $3 trillion - Yahoo Finance
AI Summary

SpaceX has seen a massive surge in market value following its recent IPO, briefly reaching a valuation of nearly $3 trillion. The company is now competing with tech giants like Microsoft and Amazon for a top spot among the most valuable US public companies.

Why it matters

The rapid ascent of SpaceX highlights the immense investor appetite for space exploration and AI-integrated technology companies in the public market.

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SpaceX closes in on Amazon in sprint toward $3 trillion Jared Blikre Updated Tue, June 16, 2026 at 4:52 PM EDT 2 min read SPCX GOOGL AMZN MSFT NVDA Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

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The article reports on financial market data and stock performance without political or ideological framing.

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