SpaceX overtakes Amazon in market value
SpaceX achieved a significant increase in its market value, surpassing $2.75 trillion days after its initial public offering, surpassing Amazon's valuation of $2.67 trillion, and at one point reaching a market cap close to Microsoft’s. The shares were launched at $135 and rose to $209, leading to a record-setting valuation for the company despite continuous growth, reflecting investor enthusiasm following its success in raising $86 billion through the offering.
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