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Business

SpaceX Market Cap Passes Amazon, Nears Microsoft

SpaceX rose 4% Tuesday, pushing its market cap above Amazon and briefly past Microsoft, days after the biggest IPO ever. The numbers behind the rally.

Business

SpaceX IPO Raises $75bn Before Record Listing

SpaceX priced shares at $135 to raise $75bn, valuing the firm near $1.8tn and setting Musk on course to be the world's first trillionaire.