SpaceX is already trading like one of America's biggest companies
u/Rare_Appointment_287 ·
Reddit — r/StockMarket
· June 17, 2026 at 12:40
· ⬆ 78 pts
· 💬 64 comments
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AI Summary
Summary
The post highlights SpaceX's massive market cap (~$3T) despite still losing money, comparing it to profitable giants like Microsoft, Amazon, and others.
The author questions the valuation disconnect, implying that SpaceX is overvalued relative to its earnings trajectory.
This is primarily noise/speculation – the post links to a Yahoo Finance article but offers no original research or actionable thesis; it’s a commentary on market irrationality.
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▶ Full Post Text
Its profits are not.
While the biggest companies are making huge profits, SpaceX is losing money.
That still left SpaceX in the same market-value neighborhood as Microsoft and Amazon, and ahead of Broadcom ([AVGO](https://finance.yahoo.com/quote/AVGO/)), Meta ([META](https://finance.yahoo.com/quote/META/)), Tesla ([TSLA](https://finance.yahoo.com/quote/TSLA/)), Micron ([MU](https://finance.yahoo.com/quote/MU/)), and Eli Lilly ([LLY](https://finance.yahoo.com/quote/LLY/)). For a company in its first few days of trading, that is the story. For a company still losing money, it is the question.
The chart shows the divide.
https://finance.yahoo.com/markets/article/spacexs-near-3-trillion-rally-comes-with-one-big-catch-chart-of-the-day-122114608.html