Why did the SpaceX (NASDAQ:SPCX) stock price experience a premarket surge on Tuesday?

Shares of SpaceX (NASDAQ:SPCX) rose 10.1% to $211.8 in premarket trading as the company extended its post-initial public offering rally. This followed a separate gain of more than 19% during the previous Monday trading session.

What is the projected market capitalization of SpaceX (NASDAQ:SPCX) following these gains?

Market data indicates the premarket gains would give SpaceX (NASDAQ:SPCX) a market capitalization of nearly $2.8 trillion if the price holds. This valuation would position the firm above Amazon (NASDAQ:AMZN), which was last valued at $2.66 trillion.

How much trading volume was recorded for SpaceX (NASDAQ:SPCX) shares early Tuesday?

More than $1.16 billion worth of SpaceX (NASDAQ:SPCX) shares exchanged hands as of 04:14 a.m. Eastern Time. This high level of liquidity occurred during the early hours of the premarket session.

What market value ranking could SpaceX (NASDAQ:SPCX) achieve if the current gains hold?

Market projections indicate that SpaceX (NASDAQ:SPCX) is on course to become the fifth-largest company in the world by market value. Achieving this rank depends on the stock maintaining its premarket price of $211.8 to surpass Amazon (NASDAQ:AMZN).

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SpaceX shares rise 10%, poised to surpass Amazon in market value

Written by Liezl GambePublished Jun 16, 2026, 8:55 AMLast Updated Jul 3, 2026, 7:16 AM

SpaceX shares rose 10.1% to reach $211.8 during early premarket trading on Tuesday.
The upward movement brings the company's projected market capitalization to nearly $2.8 trillion.
The ongoing post-IPO rally positions the corporation to potentially surpass the total market value of Amazon.

SpaceX (NASDAQ:SPCX) shares rose 10.1% in premarket trading to reach $211.8 on Tuesday.

This move extended a post-initial public offering rally after the stock climbed more than 19% on Monday.

Market data indicated that the gain gives the corporation a market capitalization of nearly $2.8 trillion.

Projections showed this valuation places the business on course to overtake Amazon (NASDAQ:AMZN), which was last valued at $2.66 trillion.

Trading activity showed that over $1.16 billion worth of shares exchanged hands by 04:14 a.m. Eastern Time.

This volume represented several times the combined turnover of Nvidia (NASDAQ:NVDA), Microsoft (NASDAQ:MSFT), Tesla (NASDAQ:TSLA), and Apple (NASDAQ:AAPL).