SpaceX’s First Big Move After Its Record IPO: Buying a $60 Billion AI Coding Startup

xAI has struggled to compete with Anthropic and OpenAI on AI coding tools. Cursor is Musk's answer.

SpaceX Stock Soars as $60 Billion Cursor Deal Expands AI Push

SpaceX stock surged after its IPO as the $60 billion Cursor deal expanded Elon Musk’s AI push, but valuation risks may rise ...
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SpaceX's IPO charts reveal a company spending like an AI giant: Chart of the Day

SpaceX (SPAX.PVT) is going public with a rocket-company reputation, but its own IPO filing points investors somewhere else: AI. The preliminary prospectus opens with a huge market-opportunity chart ...

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

Elon Musk's rocket company has agreed to buy Cursor, which uses AI to automate the process of writing code.