SpaceX overtakes Microsoft to become 4th-largest US company
Published on: June 17, 2026, 5:30 a.m. | Source: The Hitavada
spacex continued its extraordinary stock market rally on tuesday, surpassing microsoft to become the fourth-largest company in the united states by market capitalisation, while also unveiling a major $60 billion acquisition of artificial intelligence coding platform cursor. the elon musk-led aerospace and technology company saw its shares rise around 8 per cent during early trading, pushing its market value to approximately $2.74 trillion. the gain placed spacex ahead of microsoft and further widened its le
