Business

SpaceX Surpasses Amazon in Market Cap

Updated 2026-06-16 10:25 UTC 1 source Positive

SpaceX's share price surged by 60% following a combination of retail speculation and positive market news, overtaking Amazon as America’s fifth-largest company.

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MarketWatch

Overnight price spike sees SpaceX overtake Amazon as America’s fifth-largest company

A combination of a tiny free float, retail speculation, positive newsflow across globalmarkets and forced passive buying have seen the SpaceX share price jump 60% since listing.

2026-06-16 10:17 UTC