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Source: TechCrunch

SpaceX Valuation Reaches $2.7 Trillion, Overtakes Amazon

SpaceX's market valuation has reportedly climbed to $2.7 trillion, a significant milestone that places it above Amazon in terms of market capitalization. This substantial increase includes a $1 trillion rise since the company's shares began trading on Friday.

By Fainaron·Jun 16, 2026 (2 hours ago)·1 views
SpaceX Valuation Reaches $2.7 Trillion, Overtakes Amazon

SpaceX's market valuation has reportedly reached $2.7 trillion, positioning the aerospace company ahead of Amazon in market capitalization. This development marks a significant financial milestone for the Elon Musk-led enterprise.

The company's valuation saw a rapid increase of $1 trillion since its shares initiated trading on Friday. This surge reflects growing investor confidence and market activity surrounding SpaceX's ventures in space exploration and satellite internet services.

According to TechCrunch, SpaceX's valuation now stands at $2.7 trillion.

#spacex#valuation#amazon#market capitalization#shares#stock trading#aerospace
Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by TechCrunch. Read the original at TechCrunch →

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