SpaceX Briefly Out-Values Microsoft, Proving Gravity Still Applies To Stock Charts 🚀

Shares of Elon Musk's Space Exploration Technologies Corp. (SPCX) jumped as much as 17.21% on Tuesday, pushing the company's market capitalization to $2.93 trillion and briefly overtaking Microsoft, whose market value stood at roughly $2.92 trillion after a 1.63% decline to $393.24 a share. At the day's high, SPCX traded at $225.64. The surge also placed SpaceX ahead of Amazon, which was up 0.25% to $246.72 and valued at about $2.63 trillion, ranking the company fourth globally during the session. By the time of writing, SPCX was up around 15% and had slipped back below Microsoft in market-cap terms.

The rally followed a sharp overnight move tied to corporate and geopolitical developments. On Monday, SPCX had climbed 19.60% to $192.50 after the announcement of a US-Iran peace agreement, then rose an additional 11.57% in after-hours trading to $214.86. The shares added nearly 10% in Tuesday premarket trading and extended gains once the regular session opened, according to Yahoo! Finance data cited in the report.

SpaceX is also pursuing a $60 billion corporate acquisition deal that has added to momentum in the stock, with the combined moves lifting the company's valuation to territory previously occupied only by the largest U.S. technology and platform companies. SPCX is not a publicly listed cryptocurrency token and trades on traditional equity markets, with no direct on-chain or digital-asset component tied to the ticker.