Brisbane Times ·general ·2 hours ago

SpaceX reaches $2.52 trillion market valuation, becomes most valuable stock

On June 16, 2026, SpaceX became the most valuable stock globally after its market valuation surged to $2.52 trillion within two days of trading. Elon Musk's company achieved this despite a significant loss of $4.3 billion in the first quarter, fueled by a demand from retail investors and index providers.

Summary by OZbrief · Brisbane Times

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