The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

SpaceX jumped for a third straight day on Tuesday, overtaking Amazon.com in value to become the fifth-largest stock in the world.

Shares closed 4.8% higher, pushing its market capitalization to $2.65 trillion, roughly $8 billion higher than Amazon’s. At the stock’s intraday high, the market value of Elon Musk’s rocket and AI company topped Microsoft to briefly become the world’s fourth-largest stock.

At least some of the price action since its debut has been driven by the relatively small number of SpaceX shares available to trade, with only about 4.2% accessible on day one. That can make trading more volatile, with the stock more prone to large swings that can quickly change its market value.

On this episode, Carol and Tim speak with:
Bailey Lipschultz, Bloomberg News IPO Reporter on SpaceX's continued rally
Simon White, Bloomberg Macro Strategist On The GPU Is Wall Street’s New Real Estate Trade
Mike Dinsdale, CEO at Powerlaw
David Roman, US MedTech and Healthcare IT Research Analyst, Goldman Sachs AND Madison Muller, Bloomberg News US Health Care Reporter

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.
SpaceX jumped for a third straight day on Tuesday, overtaking Amazon.com in value to become the fifth-largest stock in the world.
Shares closed 4.8% higher, pushing its market capitalization to $2.65 trillion, roughly $8 billion higher than Amazon&rsquo;s. At the stock&rsquo;s intraday high, the market value of Elon Musk&rsquo;s rocket and AI company topped Microsoft to briefly become the world&rsquo;s fourth-largest stock.
At least some of the price action since its debut has been driven by the relatively small number of SpaceX shares available to trade, with only about 4.2% accessible on day one. That can make trading more volatile, with the stock more prone to large swings that can quickly change its market value.
On this episode, Carol and Tim speak with:
<ul>
<li>Bailey Lipschultz, Bloomberg News IPO Reporter on SpaceX's continued rally</li>
<li>Simon White, Bloomberg Macro Strategist On The GPU Is Wall Street&rsquo;s New Real Estate Trade</li>
<li>Mike Dinsdale, CEO at Powerlaw</li>
<li>David Roman, US MedTech and Healthcare IT Research Analyst, Goldman Sachs AND Madison Muller, Bloomberg News US Health Care Reporter</li>
</ul>

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

SpaceX Rallies For Third Straight Day, Becoming World's Fifth Largest Stock

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/755269ca-dd8d-464b-aa51-b46b016bbf9d/transcript