EPISODE · Jun 16, 2026 · 1 MIN
SpaceX Surpasses Amazon in Valuation
from Tech News Today | 2 Min News | The Daily News Now!
SpaceX just shattered records, soaring past Amazon in valuation to over $2.7 trillion after a stock surge of 28% in two days — despite still running a $4.9 billion loss. The move signals massive investor confidence in their future, fueled by new revenue streams and a blockbuster $60 billion all-stock acquisition of AI coding startup Cursor, a key step in rebuilding Elon Musk’s xAI vision. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/caee15bcfc58e23a
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SpaceX Surpasses Amazon in Valuation
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