SpaceX Market Cap Surpasses Amazon, Options Trading Begins
Summary
Elon Musk's SpaceX has seen its stock surge since its IPO, surpassing Amazon in market capitalization. Options trading for SpaceX has now begun, with strategists noting they signal "expensive" and "dangerous" bets, driven by investor confidence in Musk's vision.
How coverage differs
- Center: SpaceX stock surge reflects market confidence in Musk's leadership Center outlets report on SpaceX's stock surge, noting its market capitalization has now surpassed Amazon. They highlight that options trading has begun, with strategists like Jim Cramer observing that investors are buying into Elon Musk's vision rather than just earnings.