San Francisco, United States, June 16, 2026 (AFP) - Surging SpaceX overtakes Amazon to become 5th biggest company

NAMPA / AFP

2026-06-16

SpaceX shares surged again Tuesday, lifting Elon Musk's rocket company above Amazon into fifth place in market value as a record-breaking IPO gives way to a torrid buying frenzy. Near 1900 GMT, shares of SpaceX, formally Space Exploration Technologies Corp., stood at $213.35, up 10.8 percent. That gives the company a market capitalization of around $2.8 trillion. The latest rise came as SpaceX announced it will acquire artificial intelligence co......

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San Francisco, United States, June 16, 2026 (AFP) - Surging SpaceX overtakes Amazon, buys Cursor for $60 bn

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