SpaceX hot streak makes Elon Musk’s business the fifth-biggest US company, surpassing Amazon

SpaceX's stock has been on a hot streak, climbing for three consecutive days with a 10% increase on Tuesday, propelling Elon Musk's company to become the fifth-largest in the US by market capitalization, surpassing Amazon. The surge comes despite Musk's firm announcing a $60 billion acquisition of an AI coding startup, raising eyebrows about potential overspending. This milestone underscores SpaceX's growing influence in both the commercial space sector and the broader tech landscape, signaling Musk's continued impact on the global market.