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Tag: Elon Musk

SpaceX Falcon 9 first stage booster after landing at Landing Zone 1
Posted inMarkets

SpaceX buys AI coding startup Cursor for $60bn five days after its IPO

by newanalytica18 June 2026

SpaceX announced a $60 billion all-stock acquisition of Cursor, an AI coding tool with $2.6bn in annualised revenue, just five days after its record-breaking Nasdaq debut.

SpaceX Falcon Heavy side boosters landing at Cape Canaveral
Posted inMarkets

SpaceX begins trading on Nasdaq at $135, completing the world’s largest ever IPO

by newanalytica12 June 2026

SpaceX’s SPCX shares opened on the Nasdaq on June 12 at $135 per share, completing a $75 billion raise — the largest IPO in history — and valuing the merged SpaceX-xAI entity at $1.77 trillion.

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