SpaceX has experienced a significant increase in its valuation, reaching approximately $2.65 trillion following a rally that added nearly $900 billion to its market worth. This surge has positioned the aerospace and artificial intelligence company ahead of major tech giants, including Amazon and Microsoft. Despite facing billions in losses and ongoing uncertainties regarding its valuation, investor confidence remains high, as evidenced by a 4% rise in shares during premarket trading on Wednesday. The company's post-IPO performance is being recognized as one of the most notable market developments in recent times.
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