In the early days following its IPO, Space Exploration Technologies (SPCX +2.06%) briefly topped $2.9 trillion in intraday trading, eclipsing both Amazon (AMZN +0.73%) and Microsoft‘s (MSFT +0.32%) 2026 low at the time.
However, the trajectories of those stocks have diverged significantly since then. As Amazon traded sideways and Microsoft surged, the space stock experienced a significant pullback as the IPO hype faded. With SpaceX now trading at about $147 — below its opening-day first trading price of $150 — its market cap is about $1.95 trillion.
In that light, investors might wonder if it’s possible for SpaceX’s market cap to once again surpass those of Amazon and Microsoft. Although anything is possible, investors should not expect it to reach such a milestone anytime soon unless it makes some unprecedented moves. Here’s why.
Image source: The Motley Fool.
SpaceX’s challenges
I found it sobering to see a newcomer to the public markets like SpaceX surpass those two tech…
https://www.fool.com/investing/2026/09/29/spacex-briefly-passed-amazon-and-microsoft-in-mark/
