SpaceX Market Value Moves Ahead of TSMC at $2.22 Trillion

SpaceX’s market value moved above TSMC’s at $2.22 trillion after its shares rose 10.56% to $163.390 apiece. TSMC was valued at $2.21 trillion, with shares up 0.34% to $426.535. The displayed market values put the companies close together, with SpaceX slightly ahead. Its share gain exceeded TSMC’s by 10.22 percentage points. SpaceX’s increase was also more than 30 times TSMC’s 0.34% gain when the two percentage changes are compared. SpaceX ranked higher by total market value even though its quoted per-share price was lower than TSMC’s.

Source: TokenPost