Tuesday, 16 June, 2026
Rocketing Past Retail: SpaceX Extends Blockbuster Post-IPO Surge to Chase Amazon
By TechShots Studio
Riding an explosive post-IPO wave, SpaceX shares surged another 10% in premarket trading, positioning the aerospace and AI giant to surpass Amazon as the world's fifth-largest public company. The rally pushed SpaceX’s implied market cap toward $2.77 trillion, fueled by intense retail demand and a tight share float. Trading volume for the stock completely eclipsed established tech giants like Nvidia, Microsoft, and Apple.