SpaceX becomes world’s fifth-largest company, holds 18,712 Bitcoin worth over $1B

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AI Fusion Summary

SpaceX has become the world's fifth-largest company by market cap, surpassing Amazon after shares rose 11%. This increase lifted SPCX nearly 58% above its IPO price. Furthermore, SpaceX holds 18,712 Bitcoin valued at over $1B. These developments highlight the growing intersection between traditional finance and digital assets, which continues to influence market dynamics. The company's rise in valuation and strategic cryptocurrency holdings mark a significant shift in the global corporate landscape.
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