SpaceX was valued at more than $2 trillion on its market debut, surpassing Tesla and Meta within the group commonly dubbed the Magnificent Seven. Futurum Equities' chief market strategist said the label may no longer serve as an effective shorthand with a major global company excluded. A social-media alternative, MANGOS, is being used to denote Meta, ANTHROPIC, NVIDIA, Alphabet, OpenAI and SpaceX, though some interpret the A as Apple. BRI Wealth Management's CEO proposed renaming to Magna Atoms

SpaceX was valued at more than $2 trillion on its market debut, surpassing Tesla and Meta within the group commonly dubbed the Magnificent Seven. Futurum Equities' chief market strategist said the label may no longer serve as an effective shorthand with a major global company excluded. A social-media alternative, MANGOS, is being used to denote Meta, ANTHROPIC, NVIDIA, Alphabet, OpenAI and SpaceX, though some interpret the A as Apple. BRI Wealth Management's CEO proposed renaming to Magna Atoms to reflect adding ANTHROPIC, OpenAI and SpaceX to the original seven.