SpaceX Nears $3 Trillion, Overtakes Amazon and Microsoft

SpaceX shares surged up to 17 percent, pushing its market value to nearly $3 trillion, surpassing Amazon and Microsoft to become the fourth largest publicly traded company. Retail traders bought as much SpaceX stock in two days as across the entire U.S. stock market last week. SpaceX also agreed to acquire AI coding startup Cursor for $60 billion.