๐ Business & Startups๐ Global
SpaceX Overtakes Amazon and Microsoft, Becomes America's Fourth-Largest Company
MintยทWednesday, 17 June 2026
SpaceX surpassed both Amazon and Microsoft in market capitalisation on Tuesday, becoming the fourth-largest US company. Its shares surged 13% on its third day of public trading.
Why It Matters
SpaceX's rise shows how quickly the private space and satellite industry is being valued by investors โ and it matters globally because SpaceX runs Starlink, which is trying to expand into India and other markets.
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