SpaceX has become the fourth-largest US company by market capitalisation, overtaking Amazon and Microsoft after a 13% stock surge during its third day of public trading.

Its market market value rose to more than US$2.5 trillion, putting it among the top six largest companies in the world. Read more at straitstimes.com. Read more at…

If SpaceX’s premarket surge holds, it would become the world’s fifth most valuable company behind only Nvidia, Google, Apple and Microsoft.

Elon Musk's SpaceX is experiencing a significant surge in its stock value. Shares rose over 10% in premarket trading on Tuesday. This rally puts SpaceX on track to surpass…

The stock, which surged more than 19% on Monday, was last up 10.1% at $211.8, giving the company a market capitalisation of nearly $2.8 trillion if gains hold.