According to Gate market data, Meta Platforms (META.O) has moved past SpaceX (SPCX.O) in total market value. SpaceX was trading down 10.5%, with a market capitalization of $1.48 trillion, while Meta Platforms was off 0.8%, at $1.49 trillion. That puts the two companies roughly $10 billion apart, with Meta sitting slightly higher in the rankings. Both stocks were in the red when the data was captured, although SpaceX's slide was far more pronounced than Meta's. The percentage moves point to a clear divergence on the day: SpaceX lost more than a tenth of its value, while Meta's decline was contained to under 1%. In dollar terms, the gap between the two is narrow — about $10 billion in Meta's favor — yet the crossover itself is the headline. The figures come from Gate's quote feed and reflect real-time market data as of the latest update. No additional details were provided in the underlying announcement.
Meta Platforms (META.O) has overtaken SpaceX (SPCX.O) in market capitalization, according to Gate market data.
SpaceX was down 10.5%, valuing it at $1.48 trillion. Meta Platforms slipped 0.8%, to a market cap of $1.49 trillion.
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