Musk's Net Worth Hits $1.4 Trillion—SpaceX Passes Amazon As Fifth-Largest Company

SpaceX’s post-IPO rally continued, lifting its market value to about $2.77 trillion and briefly making it the world’s fifth-largest company ahead of Amazon. The move added an estimated $119.1 billion to Elon Musk’s net worth, pushing it above $1.4 trillion. Shares have risen nearly 35% since Friday’s debut, reflecting intense investor demand and broad enthusiasm for the company’s long-term growth narrative. The article also notes a pending $60 billion acquisition of Anysphere, Cursor’s parent, and a partnership tied to AI coding and knowledge work. The sharp valuation expansion may increase scrutiny over whether the company’s current market cap is justified, especially given its 2025 revenue and losses.