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…

