On June 12, 2026, Elon Musk’s SpaceX became the seventh most valuable company in the world after a spectacular listing on the US stock market’s technology index, Nasdaq. After raising $75 billion in the largest initial public offering (IPO) ever, SpaceX began trading at $150 under the ticker symbol SPCX – 11% higher than its IPO price of $135.
**19% increase in prices**
During trading, the stock climbed as high as $176.52 and ultimately closed at $160.95, about 19% above the offering price. With this, SpaceX set the record for the largest IPO in history, surpassing the previous record of $25.6 billion set by Saudi Aramco in 2019 by a wide margin. Now you know that SpaceX is the seventh most valuable company in the world, but do you know which other companies are included in the list of top 10 most valuable companies? Let us know.
**Nvidia** – Nvidia, a company that specializes in semiconductor chips and artificial intelligence, has become the world’s most valuable company after crossing the $5 trillion mark for the first time in history – and has topped the list. Its client base includes companies like OpenAI, Google, and Microsoft, all of which rely on it for their AI and data chips.
**Alphabet** – Google’s parent company, Alphabet, ranks second with a market capitalization of $4.63 trillion. The company’s main focus is on generative AI and its cloud business.
**Apple** – iPhone maker Apple is the third most valuable company in the world, with a market capitalization between $4.3 trillion and $4.53 trillion.
**Microsoft** – Powered by a majority stake of approximately 27% in OpenAI and the success of Microsoft Copilot, Microsoft is the world’s fourth most valuable company, with a market capitalization ranging between $2.9 trillion and $3.11 trillion. Amazon – The world’s largest online retailer, Amazon, is ranked fifth with a valuation of $2.6 trillion to $2.87 trillion. TSMC – Taiwan Semiconductor Manufacturing Company (TSMC) is ranked sixth in the list of world’s most valuable companies with a valuation of $2.2 trillion. It alone makes more than 90% of the advanced chips used by big companies like Apple, Nvidia and AMD.
Broadcom – This company, which is emerging as Nvidia’s biggest competitor in the tech world, is in eighth place with a valuation of $1.8 trillion. It makes custom AI accelerator chips for Google (which include TPU or Tensor Processing Units) and Meta.
Saudi Aramco – Saudi Arabia’s government oil company Saudi Aramco is the world’s largest oil producing company. Its valuation is $1.76 trillion.
Meta Platforms – Meta, the parent company of Facebook, Instagram and WhatsApp, is the tenth most valuable company in the world with a valuation of $1.56 trillion to $1.60 trillion. Its Llama AI model and digital advertising business are its main sources of income.
