SpaceX set to overtake Microsoft, Amazon in value as stock soars

SpaceX's stock has skyrocketed, putting it on the brink of surpassing Microsoft and Amazon in market value. This surge is partly due to the limited number of shares available for trading, which has amplified investor interest. As SpaceX continues to make strides in private space travel and satellite deployment, its valuation is reflecting growing confidence in its long-term prospects. This shift in market rankings underscores the increasing influence of private space companies in a sector traditionally dominated by government entities.