Spacex Market Cap Briefly Tops Amazon

SpaceX hit an intraday high of $225.29 per share on June 16, giving it a $2.97 trillion market cap that briefly surpassed Amazon's $2.96 trillion peak. By June 18, Amazon regained the lead at $2.62 trillion versus SpaceX's $2.36 trillion. SpaceX posted a net loss of $8.69 billion on $19.3 billion in revenue.