Elon Musk’s SpaceX becomes world’s 5th most valuable company:The trillionaire’s single-day earnings higher than Buffett’s entire lifetime earnings

Elon Musk’s space and AI company SpaceX’s shares surged by more than 14% on Tuesday, pushing the company’s market cap beyond $2.85 trillion (approximately ₹240 lakh crore). With this surge, SpaceX has overtaken tech company Amazon and briefly surpassed Microsoft as well. SpaceX has now become the world’s fifth most valuable company. Not only this, on Monday SpaceX’s shares had jumped by more than 20%. From this, Elon Musk earned $164 billion, which is approximately ₹15.5 lakh crore, in just one day. This is 11% more than Warren Buffett’s entire lifetime earnings of $148 billion, which is approximately ₹14 lakh crore. Just days after listing on Wall Street, investors are continuously buying this stock. Market Cap Reaches $2.85 Trillion This space and artificial intelligence company was trading at $220 onTuesday. At this level, SpaceX’s total value is estimated at around $2.85 trillion, placing it among the world’s five most valuable companies. The company has been the largest contributor to the gains recorded in the Nasdaq Composite Index. Surpasses Amazon, Briefly Overtakes Microsoft With this surge, SpaceX has overtaken Amazon, which has a market capitalization of around $2.64 trillion. Additionally, the company briefly surpassed Microsoft, which is valued at approximately $2.92 trillion, though SpaceX later slipped slightly below it. Currently, the world’s three largest companies hold market valuations of over $4 trillion. Investor Enthusiasm Boosted by Commencement of Options Trading Trading in options linked to SpaceX shares began on Tuesday, further boosting investor interest. Market participants now have a new avenue to bet on the direction of this newly listed stock. Brent Kochuba, founder of the options analytics platform SpotGamma, stated that SPCX options launched on Tuesday, offering standard monthly expirations and strike prices ranging from 25 to 380. He added that if demand for call options remains heavy, dealers could be forced to buy SPCX shares even in low-liquidity conditions. Index demand could also rise starting next week, while more shares are not expected to become available for the next 1-2 months. Questions Raised Over Valuation, Expert Calls It Speculation Despite this massive surge, some market experts have questioned whether this valuation is fully justified. Ipek Ozkardeskaya, Senior Market Analyst at Swissquote Bank, said, “We can certainly say that this valuation makes no sense today. People are buying SpaceX in the hope that others will buy it too and drive the price even higher—it is pure speculation.”