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Data compiled by Woofun AI shows that SpaceX's market capitalization has surpassed Amazon, elevating the aerospace firm to the position of the fifth-largest company in the United States by valuation. This milestone follows a 3.9% increase in SpaceX's stock price, marking a significant shift in the hierarchy of major US corporate valuations.
Meanwhile, broader US equity markets displayed mixed performance at the open. The Dow Jones Industrial Average recorded a modest gain of 0.08%, while the S&P 500 index remained near flat. In contrast, the Nasdaq Composite Index retreated by 0.17%, reflecting divergent sentiment across major market segments.