SpaceX valuation tops $2.7 trillion, overtaking Amazon

SpaceX's market valuation has risen to roughly $2.7 trillion. The new figure puts the aerospace firm ahead of e‑commerce giant Amazon. The valuation surge reflects investor confidence in SpaceX's launch and satellite businesses. The company marked the milestone while staging a Falcon Heavy launch. The launch took place from Kennedy Space Center's pad 39‑A. Spectators gathered at Playalinda Beach in the Canaveral National Seashore. The crowd cheered as the rocket lifted off on Feb. 6, 2018. Analysts see the valuation jump as a signal of growing commercial space demand.