SpaceX valuation reaches $2.7 trillion after stock jumps past Amazon

In short: SpaceX’s market value rose above $2.7 trillion after its stock price jumped, putting it ahead of Amazon.

What happened

SpaceX became the fifth-most valuable company in the world after its stock climbed about 20% on Monday and rose again early Tuesday. Those moves pushed the company’s valuation, meaning what investors think the whole company is worth, to more than $2.7 trillion.

This surge comes only days after SpaceX went public, which means its shares started trading on the stock market. TechCrunch reports SpaceX has added about $1 trillion in valuation since trading began on Friday.

The latest stock jump followed news that SpaceX plans to acquire Cursor, an AI coding startup, in an all-stock deal valued at $60 billion. An all-stock deal means SpaceX would pay with shares instead of cash. The report also notes SpaceX has recently added new revenue sources, including “compute leasing” deals with Anthropic and Google (renting out computing power, like renting out extra warehouse space).

SpaceX’s financials look very different from Amazon’s. TechCrunch says Amazon made a $78 billion profit in 2025 on $717 billion in sales, while SpaceX reported a $4.9 billion loss on $18.7 billion in revenue.

Why it matters

For regular people, this is a reminder that stock prices can move on expectations, not just today’s profits. It also shows how closely space companies and AI companies are starting to tie together, as SpaceX uses deals and acquisitions to expand beyond rockets.

Source: TechCrunch AI