RT IPO Newsroom
JUST IN: SPACEX $SPCX HAS PASSED AMAZON $AMZN IN MARKET CAP
Three trading days after its IPO, the stock is up another 8% this morning.
Here's where the two now stand:
- SpaceX: ~$2.74 trillion
- Amazon: ~$2.65 trillion
It climbed 20% Monday in its first full day of trading, after a record IPO on Friday.
Earlier today, SpaceX also announced a $60 billion deal to acquire AI coding company Cursor.
Post reports SpaceX surpassing Amazon in market cap (~$2.74T vs ~$2.65T) three days post-IPO, with shares up 8% in morning trading following a 20% gain Monday. Also announces SpaceX's $60B acquisition of AI coding company Cursor.
Mentioned only as comparison benchmark (market cap ~$2.65T per post vs actual $2.646T per external data—close match). Stock trading flat (+0.47% at $247.18). Upcoming earnings July 29 (EPS est 1.85). Post expresses no directional view on Amazon itself; company serves purely as reference point for SpaceX's valuation milestone.
Post highlights strong post-IPO momentum with shares rallying 8% (current price $216.46, +12.45%). However, external data shows market cap at $2.54T—well below the claimed $2.74T, suggesting significant discrepancy. News mentions 'xAI Trojan Horse' angle and post-IPO analysis. No earnings catalyst imminent. The $60B Cursor acquisition claim adds bullish narrative but lacks independent confirmation. Confidence lowered due to factual inconsistencies between post claims and market data.
行情 $215.65 ▲12.026%
新闻 SpaceX Crypto Squeeze; Bonds Do Not Share Stock Market Euphoria; Warsh Era Begins · Rocket Lab Stock Pulls Back Tuesday: What's Going On?
关键要点
SpaceX market cap reported at ~$2.74 trillion, exceeding Amazon's ~$2.65 trillion
Stock up 8% in morning session, following 20% gain on first full trading day
SpaceX announced $60 billion deal to acquire Cursor (AI coding company)
