SpaceX entered public markets Tuesday and made immediate headlines, jumping 4.8% to add roughly $537 billion in market value. That leap was enough to leapfrog Amazon.com—putting SpaceX at $2.659 trillion versus Amazon's $2.646 trillion in just two trading days. The surge underscores the enormous financial leverage Musk gains from stock-market momentum. On the same day, SpaceX announced a $60 billion all-stock acquisition of Cursor, a fast-growing AI coding startup, to strengthen its Grok division against competitors like Anthropic and OpenAI. According to Axios, the move illustrates how Musk converts market euphoria into operational advantage.

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