SpaceX has acquired Cursor, a leading AI coding company, in an all-stock transaction valued at $60 billion. The deal marks a significant step in SpaceX's expansion into advanced artificial intelligence, building on months of collaboration between the companies. Cursor is an AI-native code editor and coding agent that transforms software development, integrating powerful AI capabilities directly into the core experience. The acquisition positions SpaceX to develop the world's most capable AI systems for coding and knowledge work, [...]

SpaceX has surpassed Amazon as the fifth-most valuable company in the world, with a valuation of $2.7 trillion following a 20% stock price increase on Monday and an 8% rise in early trading Tuesday. The company's valuation has grown by $1 trillion since its initial public offering (IPO) on Friday, despite a $4.9 billion loss on $18.7 billion in revenue last year. SpaceX's recent acquisition of AI coding startup Cursor for $60 billion and compute leasing deals [...]

SpaceX has adopted a bold advertising strategy for its Starlink satellite internet service, investing in high-visibility paid ads during major live sporting events like the Super Bowl and UFC Freedom 250. This approach contrasts with Tesla's minimalistic approach, which relies on organic channels such as owner referrals and media coverage. SpaceX's advertising push aims to drive widespread consumer awareness and overcome awareness gaps in rural and remote markets where traditional internet infrastructure falls short. Starlink now serves [...]

Renowned investor Ron Baron has demonstrated his unwavering faith in Elon Musk's ventures by purchasing an additional $1 billion in SpaceX shares. This move pushes Baron Capital's total holdings in the company to a staggering $25 billion in market value. Baron's relationship with SpaceX dates back to 2017, and his early stakes have generated over $13 billion in unrealized gains. He envisions the company as a cornerstone of humanity's multi-planetary future, potentially reaching valuations of $10-30 trillion

SpaceX successfully executed its first Falcon 9 launch as a public company on June 15, 2026, deploying 24 Starlink V2 Mini Optimized satellites into low-Earth orbit. The mission marked a routine yet symbolically powerful moment for the company, which has revolutionized access to space with over 650 Falcon 9 flights and a massive Starlink constellation serving millions globally. The launch highlights the seamless transition from private innovator to public powerhouse, with SpaceX facing new pressures as a [...]

A SpaceX Dragon cargo spacecraft is scheduled to undock from the International Space Station (ISS) today (June 16) at 12:05 p.m. EDT (1605 GMT) and return to Earth. The spacecraft, carrying nearly 6,500 pounds of cargo, including research samples and equipment, will splash down in the Pacific Ocean off the coast of California on June 17. The Dragon spacecraft is the only operational ISS cargo spacecraft capable of surviving the fiery descent through Earth's atmosphere.

SpaceX, Elon Musk's space company, has excluded investors from mainland China and Hong Kong from its record-breaking IPO, citing US export rules. The company listed on Nasdaq under the ticker SPCX, priced at $135 a share for a valuation near $1.75 trillion. Underwriters were instructed not to accept orders from investors in mainland China and Hong Kong, citing regulatory and compliance risks related to the International Traffic in Arms Regulations (ITAR). This move is seen as a [...]