By Shashank Nayar
Publication Date: 2026-06-16 00:33:00
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SPCX is now the sixth largest company globally based on market capitalization.
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The company is now merely 10% away from overtaking Amazon.
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SpaceX said it will release quarterly and annual financial results and other ​news only through its website and social media account on X, bypassing wire services.
SpaceX (SPCX) share price ended Monday nearly 20% higher and continued to rally about 5% after-hours, extending gains from its stellar Nasdaq debut on Friday last week.
The Elon Musk-led rocket maker’s market capitalization hit $2.52 trillion on Monday, overtaking Taiwan Semiconductor Manufacturing Company (TSMC) in the list of the world’s most valuable companies, The Kobeissi Letter said in a post on X.
SpaceX is now the sixth-largest company in the world and is a mere 5% away from…