SpaceX Surpasses TSMC ADR in Market Cap, Ranks 6th Globally

(Central News Agency reporter Chang Chien-chung, Hsinchu, June 16) SpaceX's stock price continued to rise on June 15, reaching $192.50, up $31.55 (19.6%), pushing its market capitalization to $2.51 trillion—surpassing TSMC's American Depositary Receipts (ADR) at $2.28 trillion. As a result, SpaceX has risen to 6th place globally, while TSMC has fallen to 7th.

SpaceX debuted on the Nasdaq on June 12 in the largest initial public offering (IPO) in history, closing its first trading day at $160.95 and surpassing a $2 trillion market cap. On June 15, the stock continued its strong momentum, rising $31.55 to close at $192.50.

Meanwhile, TSMC's ADR rose $17.47 to close at $441.40, up approximately 4.12%.

According to Companiesmarketcap, SpaceX's market cap has reached $2.51 trillion, exceeding TSMC's ADR value and approaching Amazon's $2.64 trillion. SpaceX now ranks 6th globally, positioning itself to challenge for 5th place, while TSMC has dropped to 7th. (Edited by Lin Chia-hsien) 1150616

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