SpaceX buys AI coding startup Cursor
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Cramer says he likes the stock, but he's worried about the way it's trading.
SpaceX will buy Cursor parent Anysphere in a $60B all-stock deal, giving Elon Musk’s company a major AI coding asset days after its IPO.
By Laura Matthews and Saqib Iqbal Ahmed June 16 (Reuters) - Trading in SpaceX options kicked off with heavy volume on Tuesday, underscoring strong investor demand for a new way to bet on the future of Elon Musk's aerospace company.
SpaceX is now bigger than Amazon. Its shares are more popular than every other stock on the market, combined. And it just bought an AI company for $60 billion.
If a company's stock price is high enough, it can use its own shares as currency. Bill Ackman says SpaceX is doing just that.
Cursor is best known for its AI-powered coding editor and AI coding agents. SpaceX and Cursor did not immediately respond to requests for comment. However, the companies teased a
TechCrunch has followed SpaceX's start, struggles, and successes from the early days. And we're here for what happens next too. This package of SpaceX IPO coverage includes who stands to win (and maybe some who won't),
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SpaceX sends 24 Starlink satellites to orbit on 1st launch as a public company (video)
A SpaceX Falcon 9 rocket carrying 24 Starlink satellites lifted off from Vandenberg Space Force Base in California on Monday, June 15, 2026.
