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SpaceX surpassed Microsoft in market value and agreed to acquire AI coding startup Anysphere in a $60 billion stock deal.
SpaceX reached a $2.8 trillion valuation, surpassing Amazon and becoming one of the world’s most valuable companies.
SpaceX added $412 billion in market value in a single day, lifting its capitalization to $2.5 trillion.
SpaceX shares gained 6% as investors reacted to projections of nearly $1 trillion in annual revenue by 2030.
Investors are debating whether SpaceX’s reported $2 trillion valuation leaves meaningful upside ahead of its IPO.
SpaceX reportedly priced its IPO at $135 per share, valuing the company at approximately $1.75 trillion.
SpaceX filed for an IPO under ticker SPCX in one of the most closely watched public listings in years.