$2.75 trillion mcap SpaceX rockets past Amazon with 66% stock surge in 3 days

SpaceX shares surged about 66% in three days from a $135 IPO price, pushing its market cap past $2.75 trillion and briefly above Microsoft at $2.92 trillion, trailing only Apple, Alphabet and Nvidia. Heavy options trading (over 500,000 contracts in the first hour) and a $44 billion turnover on the day fueled the rally even as Nasdaq and semiconductor stocks fell. Elon Musk's net worth rose by $164.8 billion in a single day to about $1.3 trillion, while SpaceX expanded its IPO proceeds to $85.7 billion via the greenshoe option.