Tag: spacex
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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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SpaceX set to extend rally after record Wall Street debut
June 15 : Shares of SpaceX rose more than 6 per cent in early trading on Monday, adding to gains after a blockbuster debut last week that pushed the company’s valuation past $2 trillion and cemented its position among the world’s most valuable companies.CEO Elon Musk said on Sunday that SpaceX could bring in
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SpaceX IPO haul rises to $85.7 billion after underwriters exercise greenshoe
June 15 : SpaceX said on Monday that its underwriters had exercised the “greenshoe” option to purchase additional shares, increasing the total proceeds from its initial public offering to $85.7 billion from $75 billion that it raised last week.Elon Musk’s rocket, AI and internet conglomerate, which sold 555.5
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SpaceX IPO raises $85.7 billion as underwriters exercise ‘greenshoe’ option
June 15 : SpaceX has raised $85.7 billion in its U.S. initial public offering after underwriters exercised the “greenshoe” option, the rocket, AI and internet company founded by Elon Musk said on Monday.Shares of SpaceX jumped 19 per cent in their Nasdaq debut on Friday, lifting the company’s market capitaliz
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What’s next for SpaceX stock after IPO blastoff
NEW YORK, June 15 : The SpaceX IPO went off with a bang. Now investors turn their attention to a jam-packed calendar ahead for Elon Musk’s rocket, internet and AI firm that may bring volatility.Just in the next two months, the sixth-largest U.S. listed company by market value will have a handful of events –
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Musk says SpaceX could bring $1 trillion in revenue by 2030
June 15 : Elon Musk said on Sunday that his rocket company, SpaceX, could bring in $1 trillion in revenue by 2030, making the statement two days after the company went public, valuing it at over $2 trillion. “And I would be surprised if revenue is not greater than $1T in 2031,” he wrote on…
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Mag 7? MANGOS? SpaceX forces name rethink on Wall Street’s tech-stock moniker
June 13 : SpaceX roared into markets this past week with a valuation of more than $2 trillion, surpassing two members of Wall Street’s “Magnificent Seven” and raising a key question: Does the Mag 7 name still fit? And if not, what should replace it?The IPO, the biggest in U.S. history, vaulted SpaceX’s value
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