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REVEALED: Spacex | Vintage Vibes

Goldman Sachs shatters dealmaking records with $1 trillion in first-half M&A volume

Goldman Sachs achieved a record pace in 2026, managing over one trillion dollars in announced mergers and acquisitions. This success follows their role in SpaceX's initial public offering and advising on Dominion Energy's sale. Global M&A volumes have surpassed two point six trillion dollars this year. CEOs are strategically pursuing…

The Economic Times

Gina Rinehart's flagship iron ore mine lays off workers

One of Australia's largest mining operations, owned by billionaire Gina Rinehart, is laying off staff in a bid to extend its mine life by 10 years.

AAP

Inside Cursor's journey to a $60 billion deal with Elon Musk’s SpaceX

SpaceX has acquired AI coding assistant Cursor for $60 billion in an all-stock deal, significantly bolstering its AI ambitions. This move positions SpaceX strongly in the AI coding tools segment, competing with giants like OpenAI and Anthropic. Cursor, cofounded by Indian-origin entrepreneur Aman Sanger, boasts substantial annual revenue and a…

The Economic Times

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In boost to Musk, Justice Department seeks to dismiss air pollution lawsuit against xAI data center

The Trump administration is helping one of Elon Musk's companies fight a civil rights lawsuit that alleges it is illegally running dozens of natural gas turbines to power a $20 billion data center in Mississippi

AAP

SpaceX surges past Amazon, Microsoft: Why are Elon Musk-led company's stocks, valuation rising?

SpaceX shares surged early on Tuesday as investors bet on Elon Musk's sprawling empire that spans rockets to AI, even though the stock carries a higher valuation than the other trillion-dollar behemoths.

The Economic Times

SpaceX IPO Aftermath Hits Virgin Galactic Hard. How to Play SPCE Stock Here.

Virgin Galactic shares dropped more than 30% following the SpaceX IPO, as traders rotated out of hype-driven space names into the newly public leader.

Barchart

Gravity Check: Houston, SpaceX Has a Valuation Problem

The recent public debut of the dominant orbital launch provider has engineered localized market euphoria and sparked investor interest in satellite networks.

MarketBeat

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The Battle of the Musks: Why Cathie Wood Sold Tesla Stock to Buy SpaceX

Cathie Wood just trimmed Tesla and piled into SpaceX after its record-breaking IPO. Let’s see why one of Musk's biggest believers is changing course.

Barchart

Why Cathie Wood Is Selling AMD Stock

Cathie Wood is trimming AMD to fund a bigger bet on SpaceX, even as the chipmaker's AI growth story remains intact.

Barchart

Who Is Michael Truell? The 25-Year-Old Cursor CEO Behind Spacex's $60 Billion Deal Option

Cursor CEO sold his AI coding startup to SpaceX for $60bn. The MIT dropout became Silicon Valley's fastest-rising tech entrepreneur but tech community is divided over this record-breaking acquisition.

International Business Times UK

Dear SpaceX Stock Fans, Mark Your Calendars for June 16

Options on SpaceX will be available starting today.

Barchart

Wall Street ends mixed ahead of Federal Reserve meeting

US stocks have closed mostly lower as investors monitored developments ahead of a planned US-Iran peace deal ceremony.

AAP

The Risk of ‘Unproven Outcomes’ Has This Analyst Betting SpaceX Stock Will Fall 30% from Here

SpaceX may be Wall Street's newest obsession, but one analyst warns that sky-high expectations could be setting investors up for a hard landing.

Barchart

Elon's super currency: SpaceX' surging stock paid for the $60 billion Cursor acquisition in just a few hours of trading

SpaceX's stock appreciated by the entire $60 billon price of Cursor in just a matter of hours on its first day of trading, showing the power of Elon Musk's new acquisition supercurrency.

Fortune

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The Independent UK

Elon Musk’s SpaceX to buy AI coding firm in $60bn deal as valuation rockets after IPO

The deal will see Musk’s spaceflight and technology business take over Anysphere, the San Francisco-based company behind the coding platform Cursor

Fortune

SpaceX just surpassed Amazon’s market cap, overtaking the 31-year-old company on day three of public trading

Elon Musk has made more money today than Warren Buffett has made in his entire career.

The Economic Times

SpaceX options trading debut draws record volume as investors chase rocket stock

SpaceX options trading saw massive investor interest on Tuesday. Over half a million contracts traded in the first hour. This made SpaceX the most heavily traded company ever on its debut options day. Demand was high for bullish call options. This activity helped boost the stock price. SpaceX shares climbed…

MarketBeat

AST SpaceMobile Announces Launch Date for Its Next 3 BlueBird Satellites

ASTS fell 20% amid the SpaceX IPO but rebounded as BlueBird 8, 9, and 10 prepare for a June 17 Falcon 9 launch, while analysts maintain a consensus Reduce rating.

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Evening Standard

SpaceX strikes £45bn deal for AI coding firm as valuation rockets after IPO

Shares in SpaceX have rocketed since its hotly-anticipated IPO on Friday and news of the acquisition helped fuel a fresh uplift.

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian equities extended gains for a third straight session, with Sensex and Nifty rising on optimism over the Iran-US peace framework and lower oil prices. Broad-based buying in IT, realty, FMCG and oil & gas stocks supported the rally, while volatility eased sharply.

International Business Times

SpaceX To Acquire AI Coding Startup Anysphere In $60 Billion Deal

SpaceX has agreed to acquire Anysphere, the company behind the coding platform Cursor, in a deal valued at $60 billion.

The Guardian - UK

SpaceX overtakes Amazon as world’s fifth most valuable company

Value of Elon Musk’s firm at one point rose to $2.97tn days after its IPO following purchase of AI coding startup Cursor

Barchart

Why Grok Could Be a Reason to Stay Away from the SpaceX IPO

Grok usage dipping might be a warning sign for SpaceX.

The Economic Times

Can Elon Musk's xAI challenge Anthropic after SpaceX's $60 billion Cursor AI acquisition from Anysphere?

SpaceX has agreed to acquire Cursor AI parent Anysphere for $60 billion in an all-stock deal, days after SpaceX's blockbuster Nasdaq debut. The acquisition hands xAI's Grok a foothold in AI coding tools, tapping Cursor's $2 billion annualized revenue and rapid enterprise adoption. Closing is expected in Q3 2026. Now…

International Business Times

SpaceX Surges Past Microsoft And Becomes The Fourth Most-Valuable Company In The U.S.

SpaceX is now the fourth largest company in the U.S. by market capitalization in its third day of trading.

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