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