Tag: spacex
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SpaceX locks in $60 billion Cursor deal to close gap with rivals in AI coding race
June 16 : Elon Musk’s SpaceX is buying the startup behind the popular AI coding agent Cursor, Anysphere, for $60 billion in an all-stock deal to boost its presence in the lucrative enterprise AI tools market.Tuesday’s deal follows a blockbuster Nasdaq debut for the rockets-to-AI company last week, in which it
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SpaceX buys coding startup Cursor for $60bn in major AI push
SpaceX has agreed to acquire Anysphere, the company behind the popular AI coding tool Cursor, in an all-stock deal valuing the startup at $60 billion (€51.7bn), just days after Elon Musk’s firm had a record-breaking IPO.
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Investors look beyond the ‘Magnificent 7’ and embrace the ‘FAB 10’
SpaceX’s record-breaking market debut has pushed Wall Street to widen its favourite shorthand of the so-called ‘Magnificent 7’, with strategists folding Elon Musk’s firm, OpenAI and Anthropic into a new ‘FAB 10’ label that captures the next phase of the AI trade.
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SpaceX to buy AI coding startup Cursor for $60 billion in enterprise push
June 16 : Elon Musk’s SpaceX said on Tuesday it would acquire Anysphere, the software firm behind the popular AI coding agent Cursor, for $60 billion, in a bid to ramp up its presence in the enterprise AI market. The announcement comes just days after Musk took his rockets-to-AI company public in a blockbuste
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SpaceX set to surpass Amazon’s market cap as post-IPO rally continues
June 16 : Shares of Elon Musk’s SpaceX rose more than 10 per cent in premarket trading on Tuesday, putting the company on course to overtake Amazon.com in market value to become the world’s fifth‑largest company, as it extended a post-IPO rally.The stock, which surged more than 19 per cent on Monday, was la
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SpaceX to release results on website, X only, bypassing wire services
June 15 : SpaceX will release quarterly and annual financial results, besides other material news, only through its website and social media account on X and not through wire distribution services, it said in a filing on Monday.The move marks a departure from standard corporate communication practices, which
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SpaceX to release financial results through website and X platform
June 15 : SpaceX will release quarterly or annual financial results or other material news only through its website and social media account on X and not through wire distribution services, it said in a filing on Monday.
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