Veytics Intelligence
2026-09-29 · NASDAQ

SpaceX Briefly Passed Amazon and Microsoft in Market Cap After Its IPO. Could It Get There Again?

Key Points SpaceX's revenue is a small fraction of that of its megacap counterparts. The company briefly had a larger market cap than Amazon and Microsoft as its price-to-sales ratio surged to above 110. CEO Elon Musk holds the key to a potential market cap boost for SpaceX. 10 stocks we like better than Space Exploration Technologies › In the early days following its IPO, Space Exploration Technologies (NASDAQ: SPCX) briefly topped $2.9 trillion in intraday trading, eclipsing both Amazon (NASDAQ: AMZN) and Microsoft 's (NASDAQ: MSFT) 2026 low at the time. However, the trajectories of those stocks have diverged significantly since then.

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