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Data compiled by Woofun AI shows that SpaceX has overtaken Amazon in market capitalization, establishing itself as the fifth-largest publicly traded company worldwide. Currently, only Microsoft, Nvidia, Apple, and Alphabet maintain larger valuations, placing SpaceX firmly within the elite tier of global tech giants.
Since its recent initial public offering, SpaceX has sustained robust market interest, becoming a focal point for global capital markets. This valuation milestone underscores the significant investor confidence in the company's growth trajectory following its entry into public trading.