Spacex Surpasses Amazon's Value Amid Investor Concerns

WHO:

Fast Company - Elon Musk is the CEO of SpaceX.

Fast Company - Nicolas Owens is an analyst at Morningstar.

Fast Company - Aswath Damodaran is a professor at NYU’s Stern School of Business.

Fast Company - Ed Elson is an analyst and co-host of the Prof G Markets podcast.

WHAT:

Fast Company - SpaceX's market cap reached $2.95 trillion as of 10:05 a.m. ET, briefly surpassing Amazon's $2.66 trillion and Microsoft’s $2.93 trillion.

Yahoo Finance - SpaceX shares closed at $201.68, valuing the company at roughly $2.64 trillion as of Tuesday's close.

Bloomberg Markets - SpaceX's market capitalization surged to approximately $2.7 trillion on the third day of trading.

Bloomberg Markets - South Korean retail investors purchased almost $800 million of SpaceX shares on the stock's first day of trading.

Bloomberg Markets - SpaceX's stock gained about 50% from its initial public offering price of $135 a share, adding nearly $1 trillion in market value.

Techmeme - SpaceX closed up 4.8% on Tuesday with a $2.65 trillion market cap, just above Amazon's, after popping approximately 12% intraday.

Fast Company - SpaceX's market cap reached $2.95 trillion as of 10:05 a.m. ET, briefly surpassing Amazon's $2.66 trillion and Microsoft’s $2.93 trillion.

Fast Company - SpaceX's stock is set to be priced at 107 times sales, making it one of the most expensive stocks in history.

Fast Company - SpaceX's unusual lockup period allows some insiders to sell up to 20% of their locked-up shares after the company reports earnings for the three months through June, with additional percentages unlocking at various intervals thereafter.

Bloomberg Markets - SpaceX's market capitalization surged to approximately $2.7 trillion on the third day of trading.

Bloomberg Markets - South Korean retail investors purchased almost $800 million of SpaceX shares on the stock's first day of trading.

Bloomberg Markets - Aswath Damodaran estimated SpaceX's enterprise value at around $1.2 trillion, and equity value near $1.3 trillion, roughly half of the current market cap.

Bloomberg Markets - Shaun Maguire, a Sequoia Capital Partner, stated that Sequoia owns just under 1.5% of SpaceX.

Bloomberg Markets - SpaceX's market capitalization surged to approximately $2.7 trillion on the third day of trading.

Bloomberg Markets - SpaceX shares closed at $201.68, valuing the company at roughly $2.64 trillion as of Tuesday's close.

Yahoo Finance - SpaceX's stock gained about 50% from its initial public offering price of $135 a share, adding nearly $1 trillion in market value.

Bloomberg Markets - SpaceX's unusual lockup period allows for staggered selling of shares by insiders, with 20% of locked-up shares available for sale after earnings reports for the three months through June, and additional percentages unlocking at various intervals thereafter.

Fast Company - SpaceX's market cap surged to $2.95 trillion as of 10:05 a.m. ET, briefly surpassing Amazon's $2.66 trillion and Microsoft’s $2.93 trillion.

Fast Company - SpaceX's valuation increased by $1 trillion since its shares started trading.

Fast Company - SpaceX's stock is set to be priced at 113 times 2025's total company revenue of $18.7 billion.

Fast Company - SpaceX's unusual lockup period allows for staggered selling of shares by insiders, with 20% of locked-up shares available for sale after earnings reports for the three months through June, and additional percentages unlocking at various intervals thereafter.

Fast Company - A recent study by Truist found that all major IPOs finished their first year with stock prices that were notably lower, with the most successful down 20% after one year and the worst tumbling 90%.

Bloomberg Markets - SpaceX's market capitalization surged to approximately $2.7 trillion on the third day of trading.

Bloomberg Markets - South Korean retail investors purchased almost $800 million of SpaceX shares on the stock's first day of trading.

Fast Company - SpaceX's market cap briefly surpassed Microsoft’s $2.93 trillion before falling below it again.

Fast Company - SpaceX's stock is set to be priced at 107 times sales, making it one of the most expensive stocks in history.

Techmeme - SpaceX closed up 4.8% on Tuesday with a $2.65 trillion market cap, just above Amazon's, after popping approximately 12% intraday.

Bloomberg Markets - On the third day of trading, SpaceX's market capitalization surged to approximately $2.7 trillion.

Bloomberg Markets - Aswath Damodaran estimated SpaceX's enterprise value at around $1.2 trillion, and equity value near $1.3 trillion, roughly half of the current market cap.

Bloomberg Markets - Shaun Maguire, a Sequoia Capital Partner, stated that Sequoia owns just under 1.5% of SpaceX.

TechCrunch - SpaceX's valuation has increased by $1 trillion since its shares started trading, reaching $2.6 trillion.

Fast Company - SpaceX's market cap reached $2.95 trillion as of 10:05 a.m. ET, briefly surpassing Amazon's $2.66 trillion.

Fast Company - SpaceX's stock is set to be priced at 113 times 2025's total company revenue of $18.7 billion.

Fast Company - SpaceX briefly became the fourth-largest company on Wall Street by market value.

Fast Company - Apple is currently the third-largest publicly traded company on Wall Street, with a $4.4 trillion market cap, while Alphabet stands at $4.5 trillion, and Nvidia leads at $5.1 trillion.

Fast Company - SpaceX's stock is set to be priced at 107 times sales, making it one of the most expensive stocks in history.

Fast Company - SpaceX's market cap reached $2.95 trillion.

Fast Company - SpaceX's market cap briefly surpassed Amazon's $2.66 trillion and Microsoft’s $2.93 trillion.

Fast Company - SpaceX began trading with a market cap of just under $1.8 trillion.

Entrepreneur - Elon Musk's net worth is more than three times that of the world's second-richest person.

Fast Company - Analysts warned that SpaceX appears artificially inflated.

Fast Company - Morningstar's fair value estimate for SpaceX was roughly $780 billion.

Fast Company - Damodaran estimated SpaceX’s equity value at roughly $1.3 trillion.

Fast Company - Elson stated that the stock is priced at 107 times sales.

WHERE:

Fast Company - SpaceX is publicly traded on Wall Street.

WHEN:

Fast Company - SpaceX went public two days prior to the article's publication.

Fast Company - SpaceX's lockup period allows some insiders to sell shares after the company reports earnings for the three months through June.

WHY:

Fast Company - Analysts warned that SpaceX appears artificially inflated, with Morningstar's fair value estimate for the company being roughly $780 billion, significantly lower than its current market cap.

Bloomberg Markets - Analysts have warned that SpaceX appears artificially inflated, with Morningstar's fair value estimate for the company being roughly $780 billion, significantly lower than its current market cap.

Fast Company - A recent study by Truist of 30 major IPOs found that all finished their first year with stock prices that were notably lower, with the most successful down 20% after one year and the worst tumbling 90%.

Fast Company - Investor enthusiasm for AI and Elon Musk's influence contributed to SpaceX's high valuation.

Fast Company - Analysts believe the pre-IPO valuation of SpaceX defies logic.

HOW:

Fast Company - SpaceX's lockup period allows some insiders to sell up to 20% of their locked-up shares after the company reports earnings for the three months through June, with additional percentages unlocking at various intervals thereafter.

Entrepreneur - SpaceX shares are priced at 113 times 2025's total company revenue of $18.7 billion.

Fast Company - SpaceX's unusual lockup period allows for staggered selling of shares by insiders.

(UPDATED June 17, 2026 17:52 UTC)

SpaceX's market capitalization has made headlines, reaching as high as $2.95 trillion, briefly surpassing both Amazon and Microsoft, before closing at approximately $2.64 trillion after a strong debut. On its first day of trading, South Korean retail investors bought nearly $800 million worth of shares, contributing to a significant 50% increase from the initial public offering price of $135 a share. However, analysts have raised concerns about this valuation, suggesting that SpaceX may be artificially inflated, with a fair value estimate around $780 billion.

(UPDATED June 17, 2026 10:26 UTC)

SpaceX's market cap has surged to an impressive $2.95 trillion, briefly surpassing both Amazon and Microsoft, while the stock is set to be priced at an astonishing 107 times sales, making it one of the most expensive stocks in history. On its first day of trading, South Korean retail investors purchased nearly $800 million worth of SpaceX shares, contributing to a market capitalization that reached approximately $2.7 trillion by the third day. Additionally, SpaceX's unique lockup period allows insiders to sell up to 20% of their locked-up shares after the company reports earnings for the three months through June, with further percentages unlocking at various intervals thereafter.

(UPDATED June 17, 2026 08:43 UTC)

SpaceX's market capitalization has skyrocketed to approximately $2.7 trillion on the third day of trading, with shares closing at $201.68, which reflects a gain of about 50% from its initial public offering price of $135. This unusual lockup period allows insiders to stagger the sale of shares, starting with 20% becoming available after earnings reports for the three months through June, with more shares unlocking at various intervals thereafter. However, analysts have raised concerns about the company's valuation, noting that Morningstar estimates SpaceX's fair value at around $780 billion, which is significantly lower than its current market cap.

(UPDATED June 17, 2026 06:37 UTC)

SpaceX's market cap has soared to $2.95 trillion, briefly surpassing both Amazon and Microsoft, with its valuation increasing by $1 trillion since shares began trading. The company's stock is currently priced at 113 times its projected total revenue of $18.7 billion for 2025. Additionally, SpaceX's unique lockup period permits insiders to sell up to 20% of their locked-up shares following earnings reports for the three months ending in June, with further percentages unlocking at staggered intervals.

(UPDATED June 17, 2026 04:21 UTC)

SpaceX's market capitalization soared to around $2.7 trillion on its third day of trading, briefly surpassing Microsoft’s $2.93 trillion before dipping back below that mark. On the stock's first day, South Korean retail investors bought nearly $800 million worth of shares, and the stock is now priced at an astonishing 107 times sales, making it one of the most expensive in history. Additionally, SpaceX has an unusual lockup period that allows some insiders to sell up to 20% of their locked-up shares after the company reports earnings for the three months through June, with further percentages unlocking at various intervals thereafter.

(UPDATED June 16, 2026 23:24 UTC)

SpaceX's market capitalization has skyrocketed to approximately $2.7 trillion, closing up 4.8% on Tuesday, just above Amazon's after an impressive intraday jump of about 12%. Aswath Damodaran has estimated the company's enterprise value at around $1.2 trillion, with equity value near $1.3 trillion, which is roughly half of its current market cap. Additionally, Shaun Maguire, a partner at Sequoia Capital, revealed that the firm owns just under 1.5% of SpaceX.

(UPDATED June 16, 2026 21:52 UTC)

SpaceX has seen a remarkable increase in its valuation, now reaching $2.6 trillion, which marks a $1 trillion rise since its shares began trading. The company's market cap briefly surpassed Amazon's, hitting $2.95 trillion as of 10:05 a.m. ET, with its stock priced at 113 times the projected total revenue of $18.7 billion for 2025. This surge is partly due to SpaceX's unique lockup period, allowing insiders to sell 20% of their locked shares after earnings reports for the three months through June, with further percentages unlocking at staggered intervals.

(UPDATED June 16, 2026 20:11 UTC)

SpaceX has briefly claimed the title of the fourth-largest company on Wall Street by market value, with its stock priced at an astonishing 107 times sales, making it one of the most expensive stocks in history. Currently, Apple holds the third spot with a market cap of $4.4 trillion, while Alphabet and Nvidia lead with $4.5 trillion and $5.1 trillion, respectively. Additionally, SpaceX's unique lockup period allows insiders to sell up to 20% of their locked-up shares after the company reports earnings for the three months through June, with further percentages unlocking at various intervals thereafter.

(UPDATED June 16, 2026 18:35 UTC)

SpaceX's market cap has soared to an impressive $2.95 trillion, briefly surpassing both Amazon's and Microsoft's valuations. Elon Musk, the CEO of SpaceX, has seen his net worth rise to more than three times that of the world's second-richest person, while analysts caution that the company's valuation may be artificially inflated. Morningstar estimates SpaceX's fair value at around $780 billion, and Aswath Damodaran from NYU places its equity value at approximately $1.3 trillion, highlighting the significant investor enthusiasm driven by AI and Musk's influence.