SpaceX passes Amazon as valuation balloons to $2.7T (opens original article in a new tab)

SpaceX surpassed Amazon in valuation to reach $2.7T, driven by stock price increases and an AI startup acquisition, despite Amazon's higher 2025 profits.

• SpaceX's valuation reached $2.7T, surpassing Amazon to become the 5th most valuable company.
• SpaceX's stock price rose 20% on Monday and 8% on Tuesday, driven by an AI startup acquisition and new revenue streams.
• SpaceX's IPO in late April valued it at $1.7T, with $86B raised, but only 4% of shares were available for trading.