SpaceX announced it will acquire the AI coding startup Cursor for $60 billion, aiming to strengthen its position in the competitive AI coding tools market against rivals like Anthropic and OpenAI. Cursor, founded in 2022, has rapidly grown and surpassed $1 billion in annualized revenue. The deal is expected to close in the third quarter of this year. This acquisition follows SpaceX's earlier merger with Elon Musk's AI startup xAI, signaling a strategic push into AI technology.
Space Exploration Technologies Corp. (SpaceX) saw its shares surge over 11% in premarket trading, pushing its market capitalization close to $3 trillion, surpassing Amazon to become the fifth-largest company globally. This rapid valuation increase ha...
Defiance ETFs has launched the Defiance Daily Target 2X Long SpaceX ETF (SPCU), which offers investors double the daily performance exposure to SpaceX Class A common stock. Trading began on June 16, 2026, shortly after SpaceX's historic IPO valued at...
SpaceX's shares briefly reached $229.85 after hours, pushing its market value above $3 trillion and surpassing Amazon and Microsoft to become the fifth most valuable company globally. To surpass Apple, Alphabet, or NVIDIA, SpaceX shares would need to...
SpaceX announced its first acquisition as a public company by agreeing to buy AI startup Anysphere for $60 billion in an all-stock deal expected to close in Q3 2026. Anysphere, known for its AI coding assistant Cursor, has rapidly grown its revenue a...
SpaceX completed a historic IPO raising $75 billion with an initial valuation of $1.75 trillion, now adjusted to about $2.1 trillion. The company has evolved into a conglomerate with profitable space launch and Starlink broadband businesses, but is p...
