SpaceX rises 4% to leapfrog Amazon in market cap, closes short of Microsoft

June 16, 2026·Source: CNBC·2 views

CEO Elon Musk said Sunday that the company "might be able to reach approximately" $1 trillion revenue in 2030.

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Israeli Finance Minister Bezalel Smotrich says Israel has transferred authority over Hebron to the army.

Options, leveraged ETFs and index arbitrage are likely boosting the stock ahead of its inclusion in some benchmark stock indexes.

Burry argued the company's market capitalization had reached levels that dwarf many established businesses and fortunes.

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