SpaceX eyes overtaking Taiwan Semiconductor and Amazon in the trillion-dollar market-cap club

What happened: SpaceX (SPCX) stock has climbed, with its market cap nearing Taiwan Semiconductor (TSM) and Amazon (AMZN) in the trillion-dollar club. SpaceX put Starship into Earth orbit for the first time in late September, deploying 26 Starlink V3 satellites. Key numbers: SpaceX market cap $2.26 trillion. TSM $2.5 trillion. AMZN $2.76 trillion. SPCX up 64% from Aug. Why it matters: Analysts at Evercore ISI, Goldman Sachs, and Morgan Stanley issued upbeat notes, citing compute estimates and Space segment optionality. Morgan Stanley noted investors have weeks before Starship Flight 15.

SpaceX (SPCX) stock has climbed, with its market cap nearing Taiwan Semiconductor (TSM) and Amazon (AMZN) in the trillion-dollar club. SpaceX put Starship into Earth orbit for the first time in late September, deploying 26 Starlink V3 satellites.

Analysts at Evercore ISI, Goldman Sachs, and Morgan Stanley issued upbeat notes, citing compute estimates and Space segment optionality. Morgan Stanley noted investors have weeks before Starship Flight 15.