SpaceX Stock Continues Strong Post-IPO Climb, Surpassing Amazon's Market Cap

AI-generated NewsSnap summary based on source reporting.
Published: 2026-06-17T13:55:00Z
Category: business
Source: Quartz
Original source

Shares of SpaceX climbed 3.5% before the opening bell on Wednesday, continuing a significant surge since its IPO last week at $135. The company's market capitalization has now surpassed Amazon's, indicating strong investor confidence in the Elon Musk-led rocket company.

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