{
  "type": "article",
  "title": "SpaceX Vaults Past Microsoft as Market Cap Touches $2.9 Trillion, Now the World's Fourth Most Valuable Company",
  "summary": "After a record-shattering IPO, SpaceX (SPCX) shares have soared and the company's valuation has climbed to $2.9 trillion, pushing it ahead of Microsoft.",
  "content": "SpaceX (SPCX) has become the standout story on the markets right now. The rocket and space venture pulled off the biggest IPO (Initial Public Offering) in history, and the stock has kept climbing to fresh highs ever since. Since its listing, the share has gained close to 70% and added roughly $1.2 trillion in market cap. According to TrendKia, the SPCX share price jumped to more than $229 in overnight trading, lifting the company's valuation to the $2.9 trillion mark.\n\n That $2.9 trillion figure now places SpaceX fourth among the world's most valuable companies by valuation, putting it ahead of Microsoft (MSFT).\n\n \n\nA Historic Run and the World's First Trillionaire\n SpaceX's (SPCX) run has been nothing short of historic. The company has not only smashed records, its founder Elon Musk became the world's first trillionaire in the wake of the IPO. In the valuation race, only three rivals now sit ahead of it: Apple, Alphabet (Google) and Nvidia.\n\n What makes SpaceX so attractive to investors is its forward-looking nature. It is not merely a rocket maker chasing space missions, it also carries an AI dimension. Earlier this year SpaceX acquired xAI, a firm that had also been owned by Elon Musk. As a result, SpaceX appears to be riding the ongoing AI stock boom as well.\n\n \n\nCan SpaceX Reach Nvidia-Level Valuation?\n Nvidia (NVDA) has posted enormous growth over the past few years on the back of surging AI demand. AI chips and memory chips are in huge demand, and supply seems to be selling out faster than it can be produced. While SpaceX may operate in the AI space, it does not manufacture any chips of its own.\n\n In fact, SpaceX runs its Colossus 1 supercomputer facility in Memphis, which houses about 220,000 Nvidia chips. In other words, Nvidia is the manufacturer while SpaceX is simply a deployer of those chips. For that reason, it could prove difficult for SpaceX to overtake Nvidia's market cap.\n\n \n\nIs a Pullback on the Cards?\n There is also a real chance that SpaceX (SPCX) stock could face a correction once the hype cools off. Many investors are currently following the crowd, while plenty of others could book profits in the coming weeks. Such a move could push the share price lower or send it drifting sideways.\n\nWhat this means for you\nWhat this means for investors:\n\n• The upside: SpaceX (SPCX) shares are up nearly 70% since the IPO, so existing holders are sitting on substantial gains.\n• The risk: A correction is possible once the hype fades, so anyone buying above $229 simply because of the crowd should weigh the chance of a dip or a sideways drift.\n\nQuestions & Answers\n\n1. What is SpaceX's market cap now?\nSpaceX's market cap has reached $2.9 trillion, making it the world's fourth most valuable company.\n\n2. Which company did SpaceX overtake?\nSpaceX moved ahead of Microsoft (MSFT) in terms of valuation.\n\n3. How much has the SpaceX stock risen since its IPO?\nThe SPCX share is up nearly 70% since the IPO, and its price climbed above $229 in overnight trading.\n\n4. Why is it considered hard for SpaceX to overtake Nvidia?\nBecause Nvidia manufactures chips while SpaceX only deploys them; SpaceX's Colossus 1 facility in Memphis houses about 220,000 Nvidia chips.",
  "url": "https://trendkia.com/en/market/spacex-ka-marketa-kaipa-2-9-triliyana-para-pahuncha-microsoft-ko-pachharakara-ba-1199",
  "category": "Market",
  "publishedAt": "2026-06-16",
  "tags": [
    "SpaceX",
    "Elon Musk",
    "Market Cap",
    "IPO",
    "Nvidia",
    "Microsoft",
    "Stock Market"
  ],
  "language": "en",
  "site": "TrendKia"
}