SpaceX's valuation has surpassed that of Tesla's market cap, marking a significant business milestone for the company.

The entities involved

• SpaceX →

  American private aerospace company

  • The UK defence ministry has adopted and begun using SpaceX's Starshield and Starlink services.Mon 17:54
  • Starship tests are currently being conducted, involving the vehicle's return to Earth.Mon 16:52
• Elon Musk →

  businessman and entrepreneur (born 1971)

  • A discussion regarding universal high income support and cost of living issues took place in New York City involving Elon Musk.Mon 16:52
  • SpaceX CEO Elon Musk set ambitious sales targets while banks provided conservative revenue expectations for the company.Mon 13:59
• Tesla →

  American automotive, energy storage and solar power company

  • Nio Inc. and Tesla are facing market headwinds, while Geely has acquired a minority stake in Nio's power unit.Mon 16:10
  • Market signals from Nvidia inform current high-growth potential, while Tesla serves as a successful high-growth investment benchmark.Mon 15:23

Related events

• SpaceX's market cap has reached significant milestones, surpassing both TSMC's and Saudi Aramco's valuations, driving Elon Musk's wealth to trillionaire status.Jun 16
• SpaceX's market cap briefly surpassed Amazon's and Microsoft's valuations, with Starlink being the primary revenue driver.Jun 17
• SpaceX's valuation has surpassed that of major companies like Meta and Berkshire Hathaway, while its Starlink division shows strong growth. The company is also urged to investors in New York.Jul 1
• SpaceX is ranked near Tesla in income.Jul 10
• SpaceX briefly surpassed Amazon in market value on June 17, 2026, as investors remain focused on the company's AI growth prospects.Jun 17