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SpaceX Rockets Past Amazon and Microsoft to $2.94 Trillion Valuation

Guavy AI Editorial Team
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AMZN MSFT
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SpaceX has temporarily surpassed Amazon and Microsoft in market value, reaching a valuation of nearly $2.94 trillion on Tuesday.

The rocket maker's stock surged about 12% during its third trading day, lifting it to the fourth spot among U.S. companies.

This marks a significant milestone for Elon Musk's company, which raised an unprecedented $85.7 billion in its record-breaking IPO last week.

However, some experts are cautioning that the valuation may be overstretched, pointing to SpaceX's 2025 revenue of $18.67 billion and net loss of $4.94 billion after a merger with xAI.

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