SpaceX's Market Cap Quickly Leapfrogged This AI Giant Before Crashing. Here's Which One I'd Buy Today.

Published June 26, 2026 · Category: Finance

Overview

Space Exploration Technologies (NASDAQ: SPCX) has quickly become the most talked-about stock on the market after its gargantuan IPO. For a brief moment in the days after its debut, its market cap soared above Amazon's (NASDAQ: AMZN).

A bit of these gains have been given up, with SpaceX now trading at a market cap of around $2 trillion as of this writing after the close on June 23. However, there is still clearly extreme optimism around SpaceX and its ambitions to dominate the satellite internet and artificial intelligence (AI) markets, with an addressable market projection in the trillions.

Details

At similar prices, which stock is the better buy: SpaceX, the newcomer, or Amazon? The answer is clear when you get past the headlines.

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Source

Originally published at www.fool.com.

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