SpaceX vaults past Amazon’s market value, briefly topping Microsoft
SpaceX's market valuation surged on Tuesday, briefly surpassing both Amazon and Microsoft. The company's shares rose 4.8% to close at $201.80, resulting in a market value of approximately $2.655 trillion.
The story so far
- Jun 16
How outlets cover it
3 outletsNot rated on the left–right scale. It describes Western party politics and doesn’t fit state media or outlets outside that system, so we show ownership and country instead.
Open questions and key claims
SpaceX will acquire artificial intelligence startup Cursor for $60 billion.
Cursor is a popular AI coding assistant made by San Francisco startup Anysphere.
SpaceX became a public company last Friday and its shares have jumped since then.
SpaceX's stock rose 13% on opening on the Nasdaq index on Tuesday.
SpaceX shares rose 4.8 per cent to close at US$201.80.
SpaceX's market value reached roughly US$2.655 trillion.
SpaceX's market value was about US$10 billion more than Amazon's.
SpaceX is buying the startup Anysphere, the company behind the AI coding app Cursor, for $60bn.
Who and where
Related stories over time
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- Jun 16◆ This story
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