SpaceX Reaches Sixth Largest Company with $2.5 Trillion Market Cap, but Faces Early Chart Warning
SpaceX (SPCX) briefly reached a market capitalization of $2.8 trillion before retreating to around $202 per share, signaling early signs of momentum fatigue on the chart. The stock ranked sixth among global companies with an estimated valuation of $2.52 trillion as of June 16, surpassing TSMC but falling short against Amazon.
Topics: ETF demand RSI indicator SpaceX SPCX stock price movement