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Musk's SpaceX surges past Amazon in market cap after historic IPO debut - Fox Business

Fox Business·16 June 2026 at 14:05·1 min read
Summary

SpaceX soared past Amazon's $2.66 trillion market capitalization on Tuesday as its momentum continued in the wake of its record-setting IPO on the Nasdaq last week.

Key Takeaways2 points
1Musk's SpaceX surges past Amazon in market cap after historic IPO debut - Fox Business.
2SpaceX soared past Amazon's $2.66 trillion market capitalization on Tuesday as its momentum continued in the wake of its record-setting IPO on the Nasdaq last week..

Image source: Fox Business

Source
Fox Business
Category
general
Published
16 June 2026 at 14:05
Why This Matters

This story was curated by DOCFLiX.site from Fox Business as part of our daily briefing service. We select and present the most significant developments across Business, Technology, and Crime Scene to keep our readers informed with source-verified, primary-cited news coverage. The summary above is derived from the original reporting by Fox Business.

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