SpaceX (SPCX) has been moving at warp speed, and Wall Street has been hanging on for the ride. In just three trading sessions, Elon Musk’s space and technology giant pulled off something remarkable. The company surged past Amazon (AMZN) in market cap, becoming the fifth-most valuable company on the planet and shaking up the pecking order of corporate America.
That’s no small feat. Amazon spent nearly three decades building its empire. SpaceX, meanwhile, raced ahead in a matter of days, powered by a wave of investor optimism and a growing belief that Musk’s ventures still have plenty of runway left.