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SpaceX Valuation Soars, Surpassing Amazon in Market Cap

SpaceX's valuation has surged, with its market capitalization surpassing Amazon, making it one of the most valuable companies globally. This comes as the US government revealed Elon Musk's Grok AI was utilized in recent Iran strikes.

16 Jun, 10:00 — 17 Jun, 09:05
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The Story

Analyzing sources…

Source Diversity

Source Diversity

Excellent (100/100)
29 sources33/33
Spectrum spread5/5 buckets covered33/33
Far L4
Far Left (4)
New StatesmanThe GuardianThe IndependentNYT
Left9
Left (9)
cnbcindian-expresshotnewsdennik-njapan-timesde-volkskrantBusiness InsiderYahoo+1 more
Center7
Center (7)
DawnFTmyjoyonline20-minutenforbesbloombergvg
Right8
Right (8)
seeking-alphairish-independenthindustan-timesnzzTimes of Indiaobservadorla-vanguardianational-post
Far R1
Far Right (1)
zerohedge
Geographic diversity16 regions34/34
US8UK4India3Switzerland2Romania1Pakistan1Ireland1Slovakia1Japan1Portugal1Ghana1Spain1Netherlands1Norway1Canada1Hungary1

Sources

Showing 19 of 29 sources
NYTMostly Factual3d ago

D.O.J. Seeks to Halt Pollution Lawsuit Against Elon Musk’s Data Center

The department cited national security concerns, saying Elon Musk’s company had played a crucial role in the Iran war. It also argued it has the authority to stop environmental lawsuits brought by citizens.

By Karen Zraick and Hiroko Tabuchi

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FTVery High3d ago

Elon Musk: Wall Street’s new roll-up artist

SpaceX’s IPO has given the trillionaire even more firepower for acquisitions

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The GuardianMostly Factual3d ago

Is it bad that Elon Musk has a trillion dollars? Yes, and here’s why

Just as the ‘poverty line’ determines what’s required for basic living, we need a ‘wealth line’ to show when extreme wealth becomes harmful It was bound to happen eventually: Elon Musk has become the planet’s first trillionaire. Until recently, economists who spoke about “trillions” were describing the GDP of the largest economies or the accumulated value of bequests on their way to the heirs of today’s billionaires. The term is not often used in daily conversation, let alone to describe the...

By Ingrid Robeyns

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cnbcMostly Factual3d ago

SpaceX gains 3% after surpassing Amazon in market cap

The space and AI company's stock has surged since its blockbuster IPO on Friday.

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The IndependentMostly Factual3d ago

In boost to Musk, Justice Department seeks to dismiss air pollution lawsuit against xAI data center

The Trump administration is helping one of Elon Musk’s companies fight a civil rights lawsuit that alleges it is illegally running dozens of natural gas turbines to power a $20 billion data center in Mississippi

By Matthew Daly and Bernard Condon

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Business InsiderMostly Factual3d ago

German broadcaster removes language tying Elon Musk to Northern Ireland unrest

Elon Musk has scored a victory in his dispute with ZDF Fabrice COFFRINI / AFP via Getty Images German broadcaster ZDF tied Elon Musk to unrest in Northern Ireland. Musk said he planned to take legal action over "outrageous lies." ZDF has now removed the language that angered Musk. Elon Musk has achieved an initial win in his dispute with Germany's public broadcaster ZDF: The network said it would remove language about Musk's alleged role in the unrest in Northern Ireland from a program that...

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forbes3d ago

SpaceX Buys Cursor In Largest Startup Acquisition Ever At $60 Billion - Forbes

SpaceX Buys Cursor In Largest Startup Acquisition Ever At $60 Billion  Forbes

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YahooMostly Factual3d ago

Elon Musk could lose nearly $1 trillion and still be the world's richest person

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national-postMostly Factual4d ago

Amy Hamm: Here’s how to properly love Elon Musk, the world’s greatest entrepreneur

The world's first trillionaire deserves our admiration

By Carson Jerema

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Times of IndiaMostly Factual3d ago

Australia’s richest woman buys stake worth $1 billion in SpaceX

SpaceX's historic IPO has propelled its market value to $2.5 trillion, attracting a significant investment of over $1 billion from Australia's richest person, Gina Rinehart. Through Hancock Prospecting, Rinehart lauded Elon Musk's vision and SpaceX's groundbreaking achievements in space technology and connectivity, predicting its continued influence across multiple industries.

By TOI TECH DESK

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indian-expressMostly Factual3d ago

US reveals Elon Musk’s Grok AI was used to fire over 2,000 munitions at Iran

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New StatesmanMostly Factual3d ago

Elon Musk is the bastard heir of liberal capitalism

The richest man in history spends his days talking about racial grievances

By Oli Dugmore

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hindustan-timesMostly Factual3d ago

Elon Musk, world's 500 richest scored biggest-ever one-day wealth gain of $336 billion on June 15

At the close of trading in New York on June 15, the 500 richest people in the world recorded their biggest haul ever in a single day.

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DawnMostly Factual3d ago

Elon Musk's AI tool Grok was used in strikes against Iran: US govt

Elon Musk’s artificial intelligence tool Grok was used in strikes against Iran, the United States government revealed in a legal briefing seen Tuesday by AFP. The June 15 brief defends the gas turbines used by a giant data centre belonging to the trillionaire’s company xAI, which are the target of an environmental lawsuit. In the brief, the US Department of Justice argued that the lawsuit “threatens American national, economic, and energy security by seeking to shut off the power supply for a...

By none@none.com (AFP)

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irish-independent3d ago

SpaceX to overtake Amazon as valuation soars for a third day

By Carmen Reinicke and Subrat Patnaik

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japan-timesMostly Factual3d ago

SpaceX overtakes Amazon in value as post-IPO rally reaches 49%

Its market capitalization is roughly $8 billion higher than Amazon's at the close of trading on Tuesday, making it the fifth-largest stock in the world.

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seeking-alphaMixed3d ago

Michael Burry blasts SpaceX’s $3T valuation but skips out on shorting It

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zerohedgeLow3d ago

"They Will Hear From Our Lawyers": Elon To Sue German Broadcaster Over Claim He Told Belfast Protesters To 'Hunt Migrants'

"They Will Hear From Our Lawyers": Elon To Sue German Broadcaster Over Claim He Told Belfast Protesters To 'Hunt Migrants' Via Remix News, Tech trillionaire Elon Musk has said he will take legal action against German public broadcaster ZDF after it linked him to unrest in Belfast and accused him of helping instigate a "hunt" against migrants. The dispute followed the attempted beheading of a man in Northern Ireland by a Sudanese migrant, which prompted British right-wing act...

By Tyler Durden

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myjoyonlineMixed3d ago

Musk’s SpaceX overtakes Amazon to become world’s fifth most valuable firm

Elon Musk's SpaceX has overtaken Amazon to become the world's fifth-most-valuable company after a surge in its share price.

By Abubakar Ibrahim

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Coverage Timeline

First report: hvg · 16 Jun, 06:03Full coverage: 29 · 1d 3hWindow: 1d 3h
Left-leaningCenterRight-leaning
hvg16 Jun, 06:03First to report

Eljött a kor, amikor szegénynek érezhetik magukat még a leggazdagabbak is Elon Muskhoz képest

4h later
national-post16 Jun, 10:00

Amy Hamm: Here’s how to properly love Elon Musk, the world’s greatest entrepreneur

vg16 Jun, 10:30

Enorm Musk-formue: Dette får du for 12.000 milliarder

4h later
zerohedge16 Jun, 14:20

"They Will Hear From Our Lawyers": Elon To Sue German Broadcaster Over Claim He Told Belfast Protesters To 'Hunt Migrants'

2h later
Yahoo16 Jun, 16:35

Elon Musk could lose nearly $1 trillion and still be the world's richest person

NYT16 Jun, 17:27

D.O.J. Seeks to Halt Pollution Lawsuit Against Elon Musk’s Data Center

bloomberg16 Jun, 18:15

Democratic Senator Calls Musk’s Trillionaire Status ‘Bad News’ - Bloomberg.com

1h later
forbes16 Jun, 19:24

SpaceX Buys Cursor In Largest Startup Acquisition Ever At $60 Billion - Forbes

20-minuten16 Jun, 19:26

Musk geht gegen ZDF vor: Sendung streicht Passage

1h later
Business Insider16 Jun, 20:44

German broadcaster removes language tying Elon Musk to Northern Ireland unrest

de-volkskrant16 Jun, 20:59

Duitse omroep past uitzending aan na woedende reactie Musk

2h later
la-vanguardia16 Jun, 22:30

¿Y cómo es ser billonario, sr. Musk?

myjoyonline16 Jun, 23:06

Musk’s SpaceX overtakes Amazon to become world’s fifth most valuable firm

observador16 Jun, 23:20

Zeros à esquerda fulos com zeros à direita do Elon

The Independent16 Jun, 23:26

In boost to Musk, Justice Department seeks to dismiss air pollution lawsuit against xAI data center

1h later
japan-times17 Jun, 00:56

SpaceX overtakes Amazon in value as post-IPO rally reaches 49%

Times of India17 Jun, 01:39

Australia’s richest woman buys stake worth $1 billion in SpaceX

2h later
nzz17 Jun, 03:30

Die reichsten Menschen der Welt: Mansa Musa verschenkte so viel Gold, dass er eine Währungskrise auslöste, Jakob Fugger bestimmte, wer Kaiser wird, und Elon Musk baut eine Stadt auf dem Mond

The Guardian17 Jun, 04:00

Is it bad that Elon Musk has a trillion dollars? Yes, and here’s why

FT17 Jun, 04:00

Elon Musk: Wall Street’s new roll-up artist

hindustan-times17 Jun, 04:19

Elon Musk, world's 500 richest scored biggest-ever one-day wealth gain of $336 billion on June 15

dennik-n17 Jun, 04:28

Ekonomický newsfilter: Stratový SpaceX ťahá nahor eufória investorov

irish-independent17 Jun, 04:30

SpaceX to overtake Amazon as valuation soars for a third day

Dawn17 Jun, 04:39

Elon Musk's AI tool Grok was used in strikes against Iran: US govt

hotnews17 Jun, 04:45

SpaceX depășește Amazon și devine a cincea cea mai valoroasă companie din lume

New Statesman17 Jun, 05:00

Elon Musk is the bastard heir of liberal capitalism

seeking-alpha17 Jun, 05:14

Michael Burry blasts SpaceX’s $3T valuation but skips out on shorting It

indian-express17 Jun, 05:25

US reveals Elon Musk’s Grok AI was used to fire over 2,000 munitions at Iran

4h later
cnbc17 Jun, 09:05Latest update

SpaceX gains 3% after surpassing Amazon in market cap