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SpaceX soars above Amazon in market cap

TL;DR

SpaceX rose another 4.8 percent on Tuesday, reaching a market value of 2.659 trillion dollars, according to FactSet. That put SpaceX just ahead of Amazon.com, which closed the day valued at 2.646 trillion dollars. In its first two full trading days, SpaceX added roughly 537 billion dollars in market value. SpaceX also announced a 60 billion dollar all-stock deal for Cursor, strengthening its Grok AI division.

Nauti's Take

This is less a normal size comparison with Amazon and more a lesson in financial gravity. When a stock gains more than 500 billion dollars in two days, it creates an acquisition lever that traditional companies can hardly match.

The open question is how much of this reflects real operating strength and how much is Musk momentum. The numbers are striking, but the story carries a clear PR-heavy edge.

Briefingshow

The story shows how quickly market value can become strategic power. SpaceX does not automatically receive cash from the rally, but it gains a highly valuable acquisition currency. That is why the Cursor deal matters: market confidence is being converted directly into operational expansion.

Sources