SpaceX Just Passed TSM. Can It Overtake Amazon This Week?

1 hour ago 3

Rich Duprey

Tue, June 16, 2026 astatine 8:15 AM CDT 5 min read

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SpaceX surged from $1.8 trillion to $2.52 trillion successful conscionable 2 trading sessions, passing Taiwan Semiconductor to fertile seventh among the world's astir invaluable companies.
Amazon's $2.65 trillion valuation sits lone 5% supra SpaceX, putting the e-commerce elephantine wrong striking region if post-IPO momentum holds.
Mega-IPOs historically slice aft aboriginal excitement, truthful investors should measure SpaceX arsenic a decade-long clasp alternatively than a momentum trade.
Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and SpaceX didn't marque the cut. Grab the names FREE today.

SpaceX (NASDAQ:SPCX) spent much than 2 decades transforming itself from an ambitious rocket startup into 1 of the world's astir important exertion companies. Today, it dominates commercialized abstraction launches, operates the largest outer net web done Starlink, and has expanded into markets that span telecommunications, defense, aerospace, and abstraction exploration.

A achromatic rocket launches vertically, leaving a long, agleam achromatic contrail down it, done dense achromatic clouds. Above the clouds, the Earth's ambiance transitions from a lighter bluish to a acheronian blue, filled with countless stars successful the nighttime sky.

Led by Elon Musk, the institution sits astatine the halfway of respective industries measured successful the trillions of dollars, giving investors a uncommon accidental to bargain a concern with aggregate semipermanent maturation drivers nether 1 roof.

That operation of marketplace enactment and aboriginal imaginable helps explicate wherefore SpaceX's nationalist debut captured truthful overmuch attention. The institution held the largest IPO successful past past Friday, raising $75 cardinal and entering the marketplace with a valuation of $1.8 trillion. Investors wasted small clip bidding shares higher, and the rally has rapidly propelled SpaceX up the ranks of the world's astir invaluable companies.

SpaceX Is Already Climbing the Market-Cap Rankings

SpaceX raised $75 cardinal successful its IPO past Friday and entered the nationalist markets with a valuation of astir $1.8 trillion. That instantly made SPCX the world's eighth-largest publically traded company. But the marketplace wasn't finished buying.

While the abstraction institution closed its archetypal trading time 19% higher, lifting its marketplace capitalization to astir $2.1 trillion, Monday brought different question of buying. The banal gained 19.6% more, adding astir $412 cardinal successful marketplace worth successful a azygous league and pushing its valuation to $2.52 trillion.

That determination allowed SpaceX to walk Taiwan Semiconductor Manufacturing (NYSE:TSM) and assertion the No. 7 spot among the world's astir invaluable companies.

Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and SpaceX didn't marque the cut. Grab the names FREE today.

Here's however the leaderboard presently looks:

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