Aaj TV English News - Technology https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Tue, 16 Jun 2026 16:34:55 +0500 Tue, 16 Jun 2026 16:34:55 +0500 60 SpaceX set to surpass Amazon's market cap as post-IPO rally continues https://english.aaj.tv/news/330460339/spacex-set-to-surpass-amazons-market-cap-as-post-ipo-rally-continues <p><strong>Shares of Elon Musk’s SpaceX rose more ​than 10% in premarket ‌trading on Tuesday, putting the company on course to ​overtake Amazon.com in ​market value to become the ⁠world’s fifth‑largest company, ​as it extended a post-IPO rally.</strong></p> <p>The stock, which surged more than 19% on Monday, was ​last up 10.1% at $211.8, ​giving the company a market ‌capitalisation ⁠of nearly $2.8 trillion if gains hold. Amazon was last valued at $2.66 trillion.</p> <p>More than $1.16 ​billion worth ​of ⁠SpaceX shares exchanged hands as of ​04:14 am ET, ​which ⁠was several times the trading volumes in Nvidia, ⁠Microsoft, ​Tesla and Apple combined.</p> Shares of Elon Musk’s SpaceX rose more ​than 10% in premarket ‌trading on Tuesday, putting the company on course to ​overtake Amazon.com in ​market value to become the ⁠world’s fifth‑largest company, ​as it extended a post-IPO rally.

The stock, which surged more than 19% on Monday, was ​last up 10.1% at $211.8, ​giving the company a market ‌capitalisation ⁠of nearly $2.8 trillion if gains hold. Amazon was last valued at $2.66 trillion.

More than $1.16 ​billion worth ​of ⁠SpaceX shares exchanged hands as of ​04:14 am ET, ​which ⁠was several times the trading volumes in Nvidia, ⁠Microsoft, ​Tesla and Apple combined.

]]> Technology https://english.aaj.tv/news/330460339 Tue, 16 Jun 2026 14:01:23 +0500 none@none.com (Reuters) SpaceX logo. -- Reuters