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moves money TNW June 17, 2026

SpaceX’s surging stock just turned its valuation into an acquisition weapon

SpaceX’s surging stock just turned its valuation into an acquisition weapon
AI Summary

SpaceX priced its IPO at $135 a share on 12 June. Five days later, the stock has climbed nearly 50%, pushing SpaceX past Amazon to become the fifth most valuable public company in the world at roughly $2.66 trillion. That surge is not just making shareholders richer.

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