SpaceX and Microsoft in tight battle for rankings of world's most valuable listed companies

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SpaceX and Microsoft in tight battle for rankings of world's most valuable listed companies
Photo: David J. Phillip/AP/TT

At the IPO on Friday, shares in Elon Musk's newly listed company rose 19 percent. On Monday, another 19.6 percent was added, and on Tuesday, SpaceX shares have risen 7.3 percent so far.

During the day, SpaceX leapfrogged software giant Microsoft from fifth to fourth place, according to CNBC. Then the order was reversed again, according to the website Companiesmarketcap.

SpaceX is now in fifth place, valued at $2,716 billion (25,482 billion kronor). Microsoft is at $2,923 billion.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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