SpaceX overtakes Amazon in premarket trade valuation as shares climb past $212

SpaceX passes Amazon as valuation balloons to $2.7T | TechCrunch

SpaceX reached $2.7 trillion valuation post-IPO ($1.7T) and $60 billion Cursor acquisition—adding $1 trillion in three days. Despite operating losses, valuation reflects compute leasing (Anthropic, Google) and xAI—signaling aggressive AI infrastructure consolidation reshaping cloud vendor competition.