🚀 SpaceX Surges Another 13%, Becomes America’s 4th Largest Company
SpaceX shares jumped another 13% to around $216, pushing the company past Microsoft in market capitalization and making it the 4th largest company in the U.S.
🔸 SpaceX also announced plans to acquire Cursor, the popular AI coding assistant platform, in a deal reportedly valuing the company at $60 billion.
🔸 Elon Musk stated that SpaceX could potentially generate around $1 trillion in annual revenue by 2030.
📊 For comparison:
• SpaceX revenue in 2025: $18.7B
• Net loss in 2025: -$4.9B
• Q1 this year alone: -$4.28B
Despite massive growth expectations and soaring valuation, the company remains deeply unprofitable for now.
The market is clearly pricing in a future where SpaceX becomes far more than just a space company — potentially evolving into one of the largest AI, defense, telecom, and infrastructure giants in the world.