SpaceX passes Amazon as valuation balloons to $2.7T
TechCrunch AI Sean O'Kane June 16, 2026

AI Summary— plain English for professionals
# SpaceX Becomes the World's Most Valuable Space Company SpaceX's market value jumped to $2.7 trillion this week, surpassing Amazon and making it worth more than it was just days ago. The massive jump happened after the company's shares became available for public trading on Friday, giving investors a chance to buy pieces of the company for the first time. This valuation increase suggests that investors are betting heavily on SpaceX's plans for satellites, space tourism, and Mars exploration.
SpaceX's valuation has increased by $1 trillion since its shares started trading on Friday.
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