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Musk's SpaceX overtakes Amazon to become world's fifth most valuable firm 6 hours ago Share Save Add as preferred on Google Archie Mitchell Business reporter Reuters Elon Musk's SpaceX has overtaken Amazon to become the world's fifth most valuable company after a surge in its share price. Days after…

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This shift reflects how private space investment is accelerating climate-tech innovation. While Musks rocket company surpasses Amazons value, the real environmental impact lies in SpaceXs potential for sustainable space infrastructure and asteroid mining that could reduce Earths resource strain. The $60bn Cursor acquisition suggests AI integration for space-based carbon capture systems, offering hope for scalable climate solutions beyond traditional tech approaches.