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Elon Musk

Elon Musk, whose SpaceX is acquiring the maker of the Cursor AI coding tool.

SpaceX to Buy AI Coding Startup Cursor for $60 Billion

Days after its $2 trillion listing, Musk's SpaceX is paying $60 billion for the maker of Cursor, a bet on AI coding where his Grok has lagged rivals.

Tech  · 16 Jun 2026, 12:29  · Daniel Okafor
SpaceX's Starship rocket being prepared for a test flight at Starbase in Boca Chica, Texas, in a January 2025 file photo. Credit: AP Photo/Eric Gay

SpaceX Tops $2 Trillion After 25% Pop in Record $75 Billion Nasdaq Debut

Shares of Elon Musk's rocket company jumped about 25% in their first Nasdaq session, capping the largest public offering ever priced and setting up a fast track into the index funds that hold ordinary retirement savings.

Business  · 12 Jun 2026, 18:38  · Priya Raman