SpaceX's Market Cap Surpasses Amazon Briefly After Going Public
Two days after its initial public offering (IPO), SpaceX briefly surpassed both Amazon and Microsoft in market capitalization, reaching $2.95 trillion before retreating slightly below Microsoft’s valuation. Despite the rapid rise driven by investor enthusiasm for AI and Elon Musk's influence, several analysts have warned that the company may be overvalued.
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Topics: Analyst warnings IPO performance Market cap comparison SpaceX