Mark Zuckerberg’s Meta has overtaken Elon Musk’s SpaceX to become the seventh-largest company globally by market capitalization. Meta now holds a valuation of $1.96 trillion, edging past SpaceX’s $1.95 trillion. The shift marks a significant change in the ranking of the world's most valuable companies, with Meta reclaiming a higher position amid continued growth in its core business and AI initiatives. SpaceX had previously held the seventh spot following multiple private funding rounds that boosted its estimated value.