Current Affairs - Business - Discussion

SpaceX achieved a major milestone by becoming the world's fifth most valuable listed company on June 17, 2026. The company surpassed Amazon with a market valuation of $2.655 trillion (₹251.03 lakh crore). This achievement was supported by a strong stock market performance, with shares rising 4.8% in a single day to close at $201.80. The surge was largely driven by the launch of options trading, which saw more than 1 million contracts traded in a single day. In the global valuation rankings, SpaceX secured the fifth position behind Nvidia, Alphabet (Google), Apple, and Microsoft, while moving ahead of Amazon.