Stock price skyrocketed! SpaceX (SPCX.US) surged 49% in its first three days of trading, surpassing Amazon (AMZN.US) in market value and entering the global top five.

Intellifinance App learned that SpaceX (SPCX.US) has risen for the third consecutive trading day, surpassing Amazon (AMZN.US) in market value to become the fifth largest listed company in the world. As of Tuesday's close of the US stock market, SpaceX rose 4.8%, with a cumulative increase of 49% since its listing, reaching a market value of $2.65 trillion, about $8 billion higher than Amazon's market value. In the intraday trading on Tuesday, Elon Musk's rocket and artificial intelligence company briefly surpassed Microsoft (MSFT.US) in market value, becoming the world's fourth largest listed company.