{"id":23540,"date":"2026-06-17T07:37:19","date_gmt":"2026-06-17T05:37:19","guid":{"rendered":"https:\/\/costops.com\/index.php\/2026\/06\/17\/spacex-overtakes-amazon-as-worlds-fifth-most-valuable-company\/"},"modified":"2026-06-17T07:37:19","modified_gmt":"2026-06-17T05:37:19","slug":"spacex-overtakes-amazon-as-worlds-fifth-most-valuable-company","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2026\/06\/17\/spacex-overtakes-amazon-as-worlds-fifth-most-valuable-company\/","title":{"rendered":"SpaceX overtakes Amazon as world\u2019s fifth most valuable company"},"content":{"rendered":"<p>Value of Elon Musk\u2019s firm at one point rose to $2.97tn days after its IPO following purchase of AI coding startup Cursor<\/p>\n<p>Elon Musk\u2019s SpaceX has overtaken Amazon as the world\u2019s fifth-most valuable company days after its <a href=\"https:\/\/www.theguardian.com\/science\/2026\/jun\/12\/spacex-stock-price-ipo-spcx\">stock market debut<\/a>.<\/p>\n<p>The milestone came as it agreed to buy the startup behind the AI-powered coding app Cursor for $60bn (\u00a344bn), in an attempt to capitalise on the technology\u2019s success as a coding tool.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/science\/2026\/jun\/16\/spacex-ai-coding-anysphere-cursor-amazon-market-valuation-xai\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/5d6d358a40d610d3e18fbebd5f6acd948216eef2\/0_0_4493_3595\/master\/4493.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=8dbc982c6183765aa50334579b05b7d7\" title=\"SpaceX overtakes Amazon as world\u2019s fifth most valuable company\" \/>Value of Elon Musk\u2019s firm at one point rose to $2.97tn days after its IPO following purchase of AI coding startup Cursor<br \/>\nElon Musk\u2019s SpaceX has overtaken Amazon as the world\u2019s fifth-most valuable company days after its stock market debut.<br \/>\nThe milestone came as it agreed to buy the startup behind the AI-powered coding app Cursor for $60bn (\u00a344bn), in an attempt to capitalise on the technology\u2019s success as a coding tool. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Value of Elon Musk\u2019s firm at one point rose to $2.97tn days after its IPO following purchase of AI coding startup Cursor Elon Musk\u2019s SpaceX has overtaken Amazon as the world\u2019s fifth-most valuable company days after its stock market debut. The milestone came as it agreed to buy the startup behind the AI-powered coding app &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2026\/06\/17\/spacex-overtakes-amazon-as-worlds-fifth-most-valuable-company\/\"> <span class=\"screen-reader-text\">SpaceX overtakes Amazon as world\u2019s fifth most valuable company<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":23541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/23540"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=23540"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/23540\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/23541"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=23540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=23540"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=23540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}