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Rheinmetall Overtakes Volkswagen, Signaling Germany's Shift to Defense
Rheinmetall's market cap overtook Volkswagen's on Thursday, reaching €55.7 billion versus €54.4 billion, reflecting Germany's economic pivot from cars to defense amid Russia's war in Ukraine and concerns over U.S. support.
Rheinmetall Overtakes Volkswagen, Signaling Germany's Shift to Defense
Rheinmetall's market cap overtook Volkswagen's on Thursday, reaching €55.7 billion versus €54.4 billion, reflecting Germany's economic pivot from cars to defense amid Russia's war in Ukraine and concerns over U.S. support.
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