SpaceX ( $SPCX ) surpasses Microsoft ( $MSFT ) to become the world's 4th most valuable company

SpaceX is now trading above $229 per share in overnight markets, pushing its valuation to an incredible $2.97 trillion.

The company has surged nearly 70% since its IPO on Friday, adding more than $1.2 trillion in market value in just a few days.

With this rally, SpaceX has overtaken Microsoft to become the fourth most valuable company on the planet.

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MSFTUSDT

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394.49

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SPCXUSDT

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205.25

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205.27

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