Musk's SpaceX overtakes Amazon to become world's fifth most valuable firm

Elon Musk's rocket firm has overtaken the retail and media empire in value after a surge in its share price.

SpaceX Cursor Deal Mints Four Multibillionaires in Their Mid-20s - Bloomberg.com

SpaceX Cursor Deal Mints Four Multibillionaires in Their Mid-20s  Bloomberg.com

SpaceX Is Now More Valuable Than Amazon, Meta and Many Others

In its first few days of trading, Elon Musk’s newly listed rocket maker has vaulted into the world’s top five most valuable companies.

By Jason Karaian

SpaceX to buy AI coding firm Anysphere for $60bn and passes Amazon valuation

Elon Musk firm adds startup behind Cursor app to its portfolio with xAI and reaches $2.8tn market capitalisation Elon Musk’s SpaceX is buying the startup behind the AI-powered coding app Cursor for $60bn and has moved ahead of Amazon in valuation days after its stock market debut. The company has agreed to buy Anysphere, which has capitalised on AI’s success as a coding technology. Continue reading...

By Dan Milmo Global technology editor

SpaceX's blistering start still faces key tests that will determine the stock's true value

SpaceX's stock has yet to face true price discovery.

Investors pile into moonshot SpaceX bets as first-day options trading shatters records

On Friday, SpaceX clinched the biggest IPO in the history of the U.S. equity market, raising more than $85 billion. On Tuesday, it followed that up with the biggest debut in the history of the U.S. options market.

By Joseph Adinolfi

Elon Musk’s SpaceX to buy AI coding firm in $60bn deal as valuation rockets after IPO

The deal will see Musk’s spaceflight and technology business take over Anysphere, the San Francisco-based company behind the coding platform Cursor

By Anna Wise

SpaceX Surges Another 10%—Passing Amazon As Fifth-Largest Company - Forbes

SpaceX Surges Another 10%—Passing Amazon As Fifth-Largest Company  Forbes

SpaceX confirms it is buying AI coding startup Cursor for $60 billion

Elon Musk's SpaceX announced the deal with Cursor earlier this year. Allison ROBBERT / AFP SpaceX has announced its first major acquisition after a record-breaking IPO. Elon Musk's rocket company said in a Tuesday filing that it had exercised its option to buy the AI coding startup Cursor for $60 billion, after the two companies struck a deal earlier this year. This is a developing story. Check back for updates. Read the original article on Business Insider

4 Reasons to Think Twice Before Buying SpaceX Stock Right Now

SpaceX soars past Amazon in market value after IPO frenzy; options trading begins

SpaceX shares soared over 14% Tuesday, briefly surpassing Amazon and nearing Microsoft's valuation, reaching $2.85 trillion. Investor excitement surged with new options trading, despite analysts warning of extreme volatility and questioning the lofty valuation. The company also plans a $60 billion acquisition.

By TOI BUSINESS DESK

SpaceX's $60 billion Cursor AI deal: What is Cursor AI and who are the founders?

Cursor AI is a popular coding tool that helps developers write and fix code using AI. Learn what it does and who founded the startup.

SpaceX Overtakes Amazon To Become World's 5th Most Valuable Company

In a filing with the Securities and Exchange Commission, SpaceX said the all-stock deal was expected to close in the third quarter of this year and that Cursor would become a wholly owned subsidiary.

Options on SpaceX shares start trading in heavy volume

SpaceX options debut in wild trading as implied volatility rockets

SpaceX locks in $60b deal deal to buy AI start-up with Pakistani co-founder

Capitalising on that interest is crucial for SpaceX, which pitched investors a $28.5 trillion market, much from AI

By Reuters

SpaceX Set to Overtake Amazon in Value as It Soars for Third Day

SpaceX shares jumped on Tuesday, putting the firm on track to overtake Amazon.com Inc. as the fifth largest publicly traded company in the world just days after its blockbuster debut.

By Carmen Reinicke, Subrat Patnaik

SpaceX Acquires Cursor AI In $60 Billion Deal As Coding Agent Race Heats Up

SpaceX Acquires Cursor AI In $60 Billion Deal As Coding Agent Race Heats Up SpaceX has agreed to acquire AI coding startup Cursor for $60 billion, giving Elon Musk's artificial intelligence empire a leg up in the chatbot coding race currently led by frontier AI labs such as OpenAI, Anthropic, and Google. The Cursor acquisition was announced in a SpaceX 8-K filing with the SEC on Tuesday morning. Details of the deal show that Cursor shareholders will receive SpaceX Class A common...

By Tyler Durden

Fresh off IPO, SpaceX to buy AI coding platform Cursor for $60B

Elon Musk's SpaceX, fresh off its record-breaking IPO, told U.S. securities regulators on Tuesday that it would acquire Anysphere, the firm behind artificial intelligence codi...

Netherlands will only feel impact of SpaceX IPO in long term

SpaceX’s planned initial public offering on Friday afternoon, which is anticipated to raise up to 75 billion U.S.

By 89530

Musk’s SpaceX buys AI coding start-up for $60bn days after IPO

SpaceX has agreed to buy AI coding start-up Cursor for $60bn (£45bn) just days after its bumper initial public offering (IPO).

By Abubakar Ibrahim