{"id":1015193,"date":"2026-06-17T10:37:08","date_gmt":"2026-06-17T05:07:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1015193"},"modified":"2026-06-17T11:37:43","modified_gmt":"2026-06-17T06:07:43","slug":"spacex-tops-amazon-and-microsoft-in-market-cap-becomes-fourth-largest-us-company","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/17\/spacex-tops-amazon-and-microsoft-in-market-cap-becomes-fourth-largest-us-company\/","title":{"rendered":"SpaceX tops Amazon and Microsoft in market cap, becomes fourth-largest US company"},"content":{"rendered":"<p>SpaceX surpassed Microsoft in market capitalisation on Tuesday to become the fourth-largest company in the United States, as shares in the Elon Musk-led rocket and technology firm surged approximately 13% on its third day of public trading. The milestone extends a remarkable post-IPO ascent that has seen SpaceX overtake both Amazon and Microsoft within a single session, following a record-breaking stock market debut on Friday and a 20% share price jump on its first full trading day.<\/p>\n<p>The milestone arrived alongside the company&#8217;s announcement of a $60 billion acquisition of Cursor, a widely used artificial intelligence coding tool, extending what has already been one of the most consequential opening weeks in recent stock market history.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpaceX surpassed Microsoft in market capitalisation on Tuesday to become the fourth-largest company in the United States, as shares in the Elon Musk-led rocket and technology firm surged approximately 13% on its third day of public trading. The milestone extends a remarkable post-IPO ascent that has seen SpaceX overtake both Amazon and Microsoft within a single session, following a record-breaking stock market debut on Friday and a 20% share price jump on its first full trading day. The milestone arrived alongside the company&#8217;s announcement of a $60 billion acquisition of Cursor, a widely used artificial intelligence coding tool, extending what [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-1015193","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1015193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1015193"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1015193\/revisions"}],"predecessor-version":[{"id":1015194,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1015193\/revisions\/1015194"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1015193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1015193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1015193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}