SpaceX is already worth more than Amazon. So why are analysts sounding the alarm?
# SpaceX's Stock Price is Soaring, But Experts Think It's Overpriced SpaceX just went public and its stock price has skyrocketed so fast that the company is now worth nearly $3 trillion—more than Amazon and almost as much as Microsoft—even though the company only started trading last Friday. However, Wall Street analysts are warning that investors are paying way too much for SpaceX stock based on what the company actually earns, and they expect the price to fall once the initial excitement dies down. The surge appears driven mostly by investor enthusiasm for AI and the hype around Elon Musk, rather than the company's actual financial performance.
Two days after going public, SpaceX is already bigger than both Amazon and Microsoft. With Tuesday’s early market gains adding to Monday’s advance, Elon Musk’s rocket-and-AI company boasted a market cap of $2.95 trillion as of 10:05 a.m. ET. That put it ahead of Amazon’s $2.66 trillion and briefl
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