SpaceX balloons past Amazon’s valuation to $2.7 trillion

SpaceX has overtaken Amazon to become the world’s fifth-most valuable company, after its stock price rose 20% on Monday and more than 8% in early trading on Tuesday, valuing it at more than $2.7 trillion.

This is despite Amazon achieving profits of $78 billion in 2025 on sales of $717 billion last year, compared to SpaceX’s loss of $4.9 billion on revenues of $18.7 billion. SpaceX recently added new revenue streams in the form of computing leasing deals with Anthropic and Google, and the company has added $1 trillion to its valuation since going public on Friday.

The jump in stock prices on Tuesday followed SpaceX Announce It has acquired AI startup Cursor in an all-stock deal valued at $60 billion. SpaceX first revealed its collaboration with Cursor in April, at a time when CEO Elon Musk said his artificial intelligence company xAI — now part of SpaceX — “wasn’t built right (the) first time” and that he was rebuilding it “from the foundations up.”

SpaceX’s historic IPO saw it debut at a valuation of around $1.7 trillion, and the deal He grew up Nearly $86 billion to Musk’s company. SpaceX has only about 4% of its total shares available for trading, which experts predicted would make the stock more vulnerable to wild fluctuations.