SpaceX
SpaceX business and news from across the web.
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SpaceX (SPCX) to acquire Cursor AI for $60 billion
SpaceX announced its intention to acquire AI coding company Cursor AI for $60 billion in an all-stock transaction. The companies have been collaborating on AI models, with plans to integrate them into Cursor and SpaceX's Grok Build. This acquisition follows SpaceX's recent initial public offering and aims to advance the company's artificial intelligence capabilities.
SpaceX is buying AI coding startup Cursor for $60 billion
SpaceX is acquiring the AI coding startup Cursor for $60 billion to enhance the capabilities of its artificial intelligence company, xAI. This move signifies a significant investment in AI development and integration within SpaceX's broader technological ambitions.
Evening Tech Bits
This article briefly touches on several tech industry news items. SpaceX reportedly raised $10 billion more than expected in its IPO. Intel's Serpent Lake SoCs with NVIDIA RTX GPU tiles are rumored for Q1 2028, and users are reportedly unhappy with AMD's memory practices.
Saturday Tech Bits
Elon Musk is reportedly looking to deepen his partnership with NVIDIA, aiming to take it to the 'next level' following a significant SpaceX Initial Public Offering. The article also briefly mentions Windows 11 Insider Beta.
AI Yi-Yi!
Anthropic has suspended the release of new AI models following a government directive. Meanwhile, SpaceX is being valued as a public company for its artificial intelligence potential, prompting speculation about its future.
Evening Reading - June 12, 2026
This edition of Evening Reading covers a variety of gaming news and features, including discussions on Destiny 2 raids, roguelike autoshooters like Blood Dungeon, and the Virtua Fighter series. It also highlights deals for PlayStation and PC, updates on Sea of Thieves and S.T.A.L.K.E.R. 2, and mentions of Pokémon UNITE and Super Mario RPG. The article also touches on unrelated news like SpaceX's IPO and AI model suspensions.
The SpaceX IPO broke Robinhood for some people
Some Robinhood users experienced technical difficulties when attempting to participate in the SpaceX Initial Public Offering. These issues prevented users from accessing their accounts or executing trades during the IPO.
SpaceX (SPCX) IPO makes Elon Musk the world's first trillionaire
SpaceX's stock surged by as much as 23 percent on its first day of trading following its record-breaking Initial Public Offering (IPO). This market debut has made CEO Elon Musk the world's first trillionaire, with the company's valuation exceeding two trillion dollars. The article also notes that OpenAI and Anthropic have made similar IPO filings.
Morning Tech Bits
SpaceX has surpassed a $2 trillion valuation following a significant jump in its stock price after a record initial public offering. Elon Musk has become the world's first trillionaire as a result of the company's historic IPO.
Engadget Podcast: Making sense of SpaceX's messy IPO (and its messier CEO)
This article discusses the upcoming Initial Public Offering (IPO) for SpaceX, exploring the financial excitement surrounding the event. It also raises questions about reconciling this financial move with the controversial public behavior and statements of its CEO, Elon Musk.
Evening Reading - June 11, 2026
This edition of Shacknews Evening Reading covers various game news, including speculation about Destiny 3, reviews for titles like The 7th Guest Remake and Alien: Isolation 2, and a discussion on whether Grand Theft Auto 6 or The Legend of Zelda: Ocarina of Time Remake would be played first. It also highlights Famitsu's 40th anniversary and lists all games that have received its perfect 40/40 review score. The article also touches on non-gaming news such as SpaceX, Elon Musk, and the NBA Finals.
Evening Tech Bits
SpaceX has set its IPO price at $135 per share ahead of its Nasdaq debut. The article also touches on the significant investment Formula 1 teams make in their simulators and mentions a segment featuring Gamers Nexus.
Elon Musk speaks to ASML CEO and employees ahead of SpaceX IPO
Elon Musk, CEO of SpaceX, recently praised ASML, a key supplier of semiconductor manufacturing equipment, calling it "arguably the greatest company in Europe." This comes as SpaceX prepares for a record-setting $80 billion IPO and seeks to secure more chips for its operations. Musk's comments were made privately at ASML's annual technology conference.
Morning Tech Bits
This article is a collection of brief technology news items. It mentions public anger from residents near xAI's data centers regarding the potential SpaceX IPO, and a process monitor update from Microsoft.
Evening Metaverse
Starlink, operated by SpaceX, is introducing a $10 monthly hardware fee, shifting from its previous model of one-time hardware purchases. This change affects how customers acquire and pay for the necessary equipment to use the satellite internet service.
Google will pay SpaceX $920 million a month to use xAI's data centers
Google has entered into a significant $30 billion deal with SpaceX to secure AI computing power. This agreement will allow Google to utilize data centers operated by xAI, a company associated with SpaceX.
ISS astronauts had to shelter in place in the SpaceX Dragon capsule because of an air leak
Astronauts aboard the International Space Station were required to shelter in place within the SpaceX Dragon capsule due to an air leak. Further details regarding the incident are pending.
SpaceX won't get early access to the S&P 500
SpaceX will not be granted early access to the S&P 500 index. The index has decided against relaxing its rules to allow the company's early entry.
Morning Tech Bits
China has approved the world's first invasive brain-computer chip, marking a significant advancement in the field. This development follows news of Elon Musk's SpaceX securing a property tax exemption.
SpaceX expects its IPO to raise $74.4 billion
SpaceX anticipates its initial public offering (IPO) will value the company at $74.4 billion, with expectations of it becoming a trillion-dollar entity. This discussion centers on the financial projections and market positioning for the company's public debut.