SpaceX aims to outpace Amazon in value

SpaceX is approaching surpassing Amazon's market value, as its shares rose by over 10% in pre-market trading to reach around $2.8 trillion, compared to Amazon's valuation of $2.66 trillion. The company successfully raised $85.7 billion in its initial public offering, after activating the additional allocation option, making it the largest ever. SpaceX's shares began trading on the Nasdaq with a 19% jump, and its market capitalization exceeded one trillion dollars on the first day of trading.

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