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Musk's SpaceX overtakes Amazon to become world's fifth most valuable firm

Musk's SpaceX overtakes Amazon to become world's fifth most valuable firm

Elon Musk's rocket firm has overtaken the retail and media empire in value after a surge in its share price.

June 16, 2026 at 04:38 PM Original source
1 agencies covered this story

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Notable Quotes

"Many traders seem to be buying into a 'well-marketed opportunity' to invest in Musk and his vision instead of doing so based on SpaceX's financial fundamentals."

— Eileen Burbidge , Other

"Smaller shareholders may end up paying a premium for stock now that gets diluted later if institutional investors eventually sell their shares."

— Dan Sheehan , Executive

"Cursor is his 'favourite enterprise AI service.'"

— Jensen Huang , Executive

All Coverage

Musk's SpaceX overtakes Amazon to become world's fifth most valuable firm
BBC Newsvia rss 3 quotes 3 persons

Elon Musk's rocket firm has overtaken the retail and media empire in value after a surge in its share price.

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