OpenAI executed three strategic moves in four days: acquiring cloud development platform Ona to give its Codex AI agents persistent, secure cloud workspaces; partnering with Oracle to let enterprises …
SpaceX is acquiring AI coding startup Cursor for $60 billion in stock, concluding a deal announced in April. The acquisition aims to bolster SpaceX's xAI division, which has faced controversies includ…
A short squeeze in SpaceX perpetual futures briefly sent the company's implied valuation to $3 trillion on blockchain-based markets, surpassing Amazon and Microsoft. The squeeze liquidated over $50 mi…
SpaceX has secured a $60 billion deal to bolster its AI business, with Elon Musk targeting $1 trillion in revenue.…
SpaceX announced a $60 billion all-stock deal to acquire Anysphere, the company behind AI coding tool Cursor, on June 16, 2026. The acquisition aims to combine Anysphere's distribution capabilities wi…
SpaceX surpassed Amazon in market capitalization on June 16, 2026, three days after its Nasdaq IPO, with shares rising 8% to a valuation of $2.74 trillion. The same day, SpaceX announced a $60 billion…
SpaceX agreed to acquire AI coding startup Cursor for $60 billion in an all-stock deal, granting Cursor's investors equity in SpaceX instead of cash. The acquisition, expected to close in Q3 2026, wil…
SpaceX has acquired Cursor in an all-stock transaction to build the world's most useful AI models. The two companies have been jointly training a model, which will be released in Cursor and Grok Build…
SpaceX's valuation is debated in a contrarian take, while the author discusses vibe-coding, Brexit frustrations, and Europe's AI future. The piece also covers climate change news and a YIMBY podcast o…
SpaceX surpassed Amazon to become the world's fifth-most valuable company with a $2.7 trillion valuation, driven by a 20% stock surge on Monday and further gains Tuesday after announcing a $60 billion…
A hedge-fund manager and early SpaceX investor declares that the AI 'bottleneck trade' has ended, signaling a shift in investment strategy within the artificial intelligence sector.…
Databricks announced the expansion of Agent Bricks into a comprehensive agent platform at the Data + AI Summit 2026, with over 100,000 agents built and 1+ quadrillion tokens processed annually. The pl…
The US Justice Department invoked national security to defend xAI's unpermitted gas turbines, arguing that shutting them down would harm AI innovation supporting military operations. The NAACP sued ov…
SpaceX has finalized a $60 billion acquisition of AI coding startup Cursor, founded by 25-year-old former Google intern Michael Truell. The deal marks one of Silicon Valley's biggest success stories, …
SpaceX has acquired Cursor, a competitor to Claude Code and OpenAI's Codex, for $60 billion in June 2026, following a $10 billion partnership in April. The deal aims to leverage xAI's Colossus infrast…
SpaceX announced a $60 billion deal with Cursor to boost AI coding capabilities. The partnership aims to integrate advanced AI tools into SpaceX's software development processes.…
Elon Musk's SpaceX has overtaken Amazon to become the world's fifth most valuable company after its share price surged more than 50% following its Nasdaq listing. The boost came as SpaceX announced it…
Elon Musk's SpaceX IPO, which includes Starlink and xAI, has been approved by U.S. regulators, generating $75 billion for Musk despite widespread criticism that the valuation is inflated and the compa…
OpenAI's leaked 2025 financials reveal a $38.5 billion loss as the company prepares for its IPO, causing market participants to lower the probability of the IPO occurring by December 31, 2026 from 56%…
SpaceX acquired Anysphere, the startup behind AI coding editor Cursor, in a $60 billion all-stock deal announced four days after SpaceX's Nasdaq IPO. The acquisition, expected to close in Q3 2026, giv…