Rolls-Royce reaches $63 billion valuation for the first time
Rolls-Royce Holdings Plc has surpassed £50 billion ($63 billion) in market value, driven by robust demand for its long-haul jet engines like the Trent XWB for Airbus aircraft. The company’s stock has risen 97% this year and over sixfold since late 2022, making it the top performer on the Stoxx Europe 600 index. The surge is fueled by increased global air travel post-pandemic, boosting engine sales and service revenue, solidifying Rolls-Royce’s leadership in the aerospace industry.
