SpaceX market cap surpasses Amazon, becoming the world’s fifth-largest publicly listed company

OdailyOdaily Planet Daily reported that as SpaceX’s stock price continues to rise, its latest market capitalization has surpassed Amazon, making it the world’s fifth-largest publicly traded company by market value.

Currently, only Microsoft, Nvidia, Apple, and Google parent company Alphabet rank ahead of SpaceX. Following its recent IPO, SpaceX has continued to attract strong market demand and has become one of the most closely watched tech companies in global capital markets.