SpaceX bets $60 billion on Cursor to catch OpenAI and Anthropic
SpaceX has made a significant move by investing $60 billion in the AI coding startup Cursor, aiming to bolster its xAI division. This strategic acquisition comes at a crucial time...
SpaceX
12 primary articles · 21 secondary mentions
Primary coverage
SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO
SpaceX has made headlines with its announcement to acquire Cursor for a staggering $60 billion in stock, just days after its blockbuster IPO. This move is seen as a strategic...
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SpaceX
Chinese AI engineers have also boarded SpaceX's wealth rocket - 36Kr
Recent reports indicate that a number of Chinese AI engineers have begun working with SpaceX, the aerospace company founded by Elon Musk. This development is significant as it underscores the...
SpaceX IPO: Everything you need to know
SpaceX is preparing for its initial public offering (IPO), a move that has garnered significant attention in the aerospace sector. This development comes at a time when the company has...
SpaceX officially prices shares at $135 in the largest IPO ever
SpaceX has announced its share price of $135 as it prepares for what is now the largest initial public offering (IPO) ever. This milestone is significant not only for the...
SpaceX wants to put data centers in orbit, and Musk says it's no big deal
SpaceX is setting its sights on an ambitious new venture: launching data centers into space. CEO Elon Musk has characterized the initiative as a “near-trivial engineering problem,” suggesting that the...
SpaceX files to go public, and the math requires a little faith
SpaceX has officially filed its S-1 form, signaling its intent to go public, a move that could redefine the landscape of the aerospace industry. This filing is significant not only...
SpaceX IPO filing shows billions in AI losses, a $2 trillion valuation target, and turbine spending that signals more data center conflicts ahead
SpaceX has officially filed for an IPO that could set a record as the largest in history, aiming for a staggering valuation of up to $2 trillion. This move comes...
SpaceX Is Spending $2.8 Billion to Buy Gas Turbines for Its AI Data Centers - WIRED
SpaceX is making a significant investment of $2.8 billion to acquire gas turbines for its AI data centers, a move that underscores the company’s commitment to enhancing its computational capabilities....
SpaceX IPO Approaches: Musk Dissolves xAI to Merge into SpaceX, 300MW Computing Power Subleased to Anthropic. Can 2 Trillion Valuation Still Be Achieved? - TradingKey
In a significant shift ahead of SpaceX’s anticipated IPO, Elon Musk has announced the dissolution of xAI, integrating its operations into SpaceX. This move comes as the company prepares for...
SpaceX may spend up to $119B on ‘Terafab’ chip factory in Texas
SpaceX is considering a monumental investment of up to $119 billion to establish a cutting-edge semiconductor manufacturing facility in Texas, dubbed the “Terafab” project. This ambitious initiative aims to create...
SpaceX’s Starlink Revenue Per User Fell 18% As Customers Quadrupled
SpaceX’s Starlink satellite internet service has seen remarkable growth, quadrupling its subscriber base from 2023 to 2025. However, this surge in users comes with a notable downside: the average revenue...