SpaceX vaults past Amazon’s market value, briefly topping Microsoft
SpaceX roared past Amazon’s market valuation on Tuesday and briefly topped that of Microsoft, rapidly scaling the list of the world’s most valuable companies on a topsy-turvy trading day fuelled by frenzied action in the firm’s newly listed option contracts.
SpaceX shares rose 4.8 per cent to close at US$201.80, giving Elon Musk’s company a market value of roughly US$2.655 trillion – some US$800 billion more than its value when it sold its record initial public offering last week and about...
SpaceX Acquires AI Startup Cursor for $60B
- SpaceX purchases Bay Area AI coding startup for $60 billion SFGate —
- Elon Musk Is Unleashing SpaceX’s New War Chest to Solve His AI Problem Wall Street Journal —
- SpaceX overtakes Amazon in value as post-IPO rally reaches 49% The Japan Times —
- SpaceX overtakes Amazon in value, raising concerns of a bubble Semafor —
- Jim Cramer says SpaceX investors aren't buying earnings — they're buying Elon Musk CNBC —