Ty Roush is a breaking news reporter based in New York City. Elon Musk’s rocket firm pulled back from a rally that pushed its market value ahead of Amazon and Microsoft. Shares of SpaceX declined by ...
CFRA becomes the first major Wall Street firm to rate SpaceX a Sell, arguing investors are paying too much for unproven AI ambitions despite Starlink's strong growth.
SpaceX has formally agreed to take over Cursor in a deal that values the AI coding start-up at $US60 billion ($85 billion), cementing a key part of Elon Musk’s ...
SpaceX SPCX continued its post-IPO ascent, stretching its valuation multiples even further into the stratosphere. Tuesday’s gains came as the firm announced it was exercising its option to buy AI ...
SpaceX SPCX announced that it will exercise its option to acquire the artificial intelligence coding platform Cursor for $60 billion in equity. Why it matters: SpaceX is aggressively investing in its ...
SpaceX also locks Cursor at a set value for its potential purchase, which, at the rate Cursor's valuation has grown, is a victory in itself. Cursor was valued at just $2.5 billion in January 2025, but ...
SpaceX announced it will acquire the AI coding startup Cursor for $60 billion in an all stock transaction. The Cursor deal could bolster SpaceX efforts to compete with rivals like Anthropic and OpenAI ...
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Elon Musk's SpaceX has overtaken Amazon to become the world's fifth most valuable company after a surge in its share price. Days after joining New York's tech-focused Nasdaq stock exchange in the ...
Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. SpaceX’s mega rocket Starship prepares for a ...