#SpaceXMarketCapSurpassesMicrosoftRanksTopFiveGlobally



On June 17, SpaceX officially overtook Microsoft in market capitalization, becoming the world's fourth-largest publicly traded company — now sitting behind only Apple, Nvidia, Alphabet (Google), and ahead of Amazon.

Since its record-breaking Nasdaq debut on June 12 under ticker SPCX — the largest IPO in history at $75B — SpaceX shares have surged over 50%, pushing its market cap past $2.8 trillion at peak and briefly touching $2.95T, flipping Microsoft ($2.93T) in intraday trading .

This meteoric rise has Wall Street rethinking the "Magnificent 7" — SpaceX has already surpassed Tesla, Meta, and Amazon in just days, sparking new acronyms like "MANGOS" and "FAB 10" .

Musk's other empire, Tesla, holds a ~$1.34T valuation , bringing their combined market power to over $4.2 trillion — more than the GDP of most nations.

Key context:

SpaceX's public float is only ~5%, driving extreme volatility

The company reported a $4.9B loss on $18.7B revenue last year — investors are betting on future potential, not current profits

SpaceX announced a $60B deal to acquire AI coding startup Cursor, tying its valuation narrative even closer to the AI boom

Insiders' first 20% lock-up release hits August 11 — expect potential selling pressure

From rockets to AI, from Earth to Mars — SpaceX isn't just rewriting market cap rankings, it's reshaping what "big tech" means. 🌍🔥
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