Musk's SpaceX overtakes Amazon to become world's fifth most valuable firm
Elon Musk's rocket firm has overtaken the retail and media empire in value after a surge in its share price.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"Many traders seem to be buying into a 'well-marketed opportunity' to invest in Musk and his vision instead of doing so based on SpaceX's financial fundamentals."
— Eileen Burbidge , Other
"Smaller shareholders may end up paying a premium for stock now that gets diluted later if institutional investors eventually sell their shares."
— Dan Sheehan , Executive
"Cursor is his 'favourite enterprise AI service.'"
— Jensen Huang , Executive
Key People
Dan Sheehan is a financial advisor at Telos Wealth Advisors, providing insights on market trends.
Eileen Burbidge is a venture capitalist known for her insights on technology investments.
Elon Musk is the CEO of SpaceX and Tesla.
Jeff Bezos is the founder of Amazon and a prominent figure in the technology sector.
Jensen Huang is the CEO of Nvidia, a leading company in AI and semiconductor technology.
All Coverage
Elon Musk's rocket firm has overtaken the retail and media empire in value after a surge in its share price.
Similar Stories
Related coverage based on topic and tags
$5 billion Firmus IPO divides investors after valuation triples in two months - Reuters
$5 billion Firmus IPO divides investors after valuation triples in two months Reuters
October 2, 2026 at 06:29 PMMusk says he will rename SpaceXAI to SpaceXSI - Reuters
Musk says he will rename SpaceXAI to SpaceXSI Reuters
October 4, 2026 at 04:56 PMFrom SpaceX to Saudi Aramco: World's biggest IPOs as Anthropic's blockbuster listing looms - Reuters
From SpaceX to Saudi Aramco: World's biggest IPOs as Anthropic's blockbuster listing looms Reuters
September 28, 2026 at 11:53 PMWatch: From launch to fiery splashdown, SpaceX's Starship completes orbit test
A thunderous lift off, rapid satellite deployments and a fiery ending. That's how SpaceX's 14th launch of its Starship rocket panned out today.
September 28, 2026 at 01:59 PMSpaceX's Starship launches on 14th flight, first headed to orbit - Reuters
SpaceX's Starship launches on 14th flight, first headed to orbit Reuters
September 28, 2026 at 01:02 PMAccel-backed Moneyview soars 76% in India debut, tops $1 billion valuation - Reuters
Accel-backed Moneyview soars 76% in India debut, tops $1 billion valuation Reuters
October 1, 2026 at 04:19 AM