SpaceX Surpassed Broadcom, Meta Platforms, and Tesla in Market Cap on Its IPO Day. Can It Take on Amazon’s Market Cap Next?

SpaceX Surpassed Broadcom, Meta Platforms, and Tesla in Market Cap on Its IPO Day. Can It Take on Amazon’s Market Cap Next?

By Leo Sun, The Motley Fool
Publication Date: 2026-06-15 20:51:00

SpaceX (NASDAQ: SPCX), the aerospace and AI company founded by Elon Musk, went public on June 12 at a valuation of $1.77 trillion, making it the largest IPO in history. Today, its market cap reached $2.40 trillion, making it the sixth-most-valuable company in the world.

That puts it ahead of tech giants like Broadcom, Meta, and Tesla, but could it overtake Amazon (NASDAQ: AMZN) — which is worth $2.65 trillion — within the next few days?

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