SpaceX tops Amazon and Microsoft in market value as retail investors race to buy shares (opens original article in a new tab)

SpaceX's market value surged past $2.9 trillion, making it the fourth largest publicly-traded company, driven by retail investor demand and a recent AI acquisition.

• SpaceX shares rose 15% on Tuesday, increasing market value to $2.94 trillion
• SpaceX surpassed Amazon and Microsoft in market value as the fourth largest publicly-traded company
• SpaceX acquired AI firm Cursor for $60 billion, with options contracts set to increase trading activity