Value of Elon Musk’s firm at one point rose to $2. 97tn days after its IPO following purchase of AI coding startup Cursor Elon Musk’s SpaceX has overtaken Amazon as the world’s fifth-most valuable company days after its stock market debut . The milestone came as it agreed to buy the startup behi...
Source: [Guardian Business](https://www.theguardian.com/science/2026/jun/16/spacex-ai-coding-anysphere-cursor-amazon-market-valuation-xai)