SpaceX’s share price climbs sharply after its recent IPO, pushing the company’s market value past Amazon and, at times, Microsoft. Multiple outlets report that SpaceX gains on Tuesday and reaches a market capitalization near or above Amazon’s, at points becoming the fifth-largest public company in the world. One report says SpaceX finishes up nearly 5% to about $201.80 per share and is valued around $2.64 trillion, just below Amazon’s roughly $2.65 trillion at that moment. Others describe larger intraday moves, with Sky News and CNBC reporting double-digit or mid-single-digit gains as the company briefly overtakes Amazon in market cap. Several outlets also note that SpaceX’s valuation occasionally moves above Microsoft as its stock rises, though gains later pare back in some coverage. Quartz reports that SpaceX trades around the low $200s to low $200s pre-market/early Tuesday, driving market capitalization well above Amazon and briefly topping $2.9 trillion before easing. Financial Post and The Next Web attribute some of the price action to the relatively limited number of shares available to trade following the IPO.