The shares of the Elon-Musk owned company SpaceX significantly rose more than 10 percent in premarket trading on Tuesday. 

While this major surge puts the company on track to surpass Amazon in market value to become the world’s fifth-largest company, extending its post-IPO rally.

The stock, which soared more than 19 percent on Monday, was up 10.1 per cent at $211.8, giving the company’s outstanding market capitalization of nearly $2.8 trillion if gains hold.

Notably, more than $1.16 billion worth of SpaceX shares reportedly........

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