SpaceXAI and Cursor plan to launch their first jointly developed AI model as soon as Wednesday, The Information reported, citing a memo sent to staff. Cursor declined to comment when contacted by Reuters, while SpaceXAI did not immediately respond to a request for comment. Elon Musk's SpaceX said in June it would buy Anysphere, the startup behind popular AI coding agent Cursor, in an all-stock deal worth $60 billion to boost its presence in the lucrative enterprise AI tools market.
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With OpenAI and Anthropic waiting in the wings to go public, pre-IPO wealth planning is suddenly urgent.
SpaceX shares fell 6.8% to close at $149.47, below the $150 price where shares began trading June 12, the day of the rocket maker's initial public offering. Though the stock has dipped below that threshold in intraday trading four times, Tuesday was the first time it closed below $150.
SpaceX (SPCX) didn’t enter the market quietly. Its blockbuster debut has instantly made it one of the most-watched companies on Wall Street, with investors chasing a rare public-market play on rockets, satellites, Starlink, and Elon Musk’s next frontier. The first major analyst calls are landing ...
Tesla Gets Higher Price Target as RBC Floats Potential SpaceX Merger
For the first time, investors outside the United States can use tokenized stocks as collateral to trade perpetual futures on U.S. equities, without a traditional brokerage account. Ondo Perps, a new decentralized perpetual futures platform built on technology developed by Ondo Finance, launched on ...
Investing.com -- JPMorgan analyst Rajat Gupta said Tuesday a potential merger between SpaceX and Tesla appears strategically sound but faces substantial regulatory and governance obstacles.
Starlink has been a gem for SpaceX, but it could face an influx of competition in the near future.

Morgan Stanley initiated coverage of SpaceX (SPCX) on Tuesday with an Overweight rating and a $300 price target.
Ark Invest's top investor is adding to stocks that went public over the past year.
The market has spent much of 2026 rewarding companies tied to artificial intelligence, defense, and space technology with premium valuations. Investors have been willing to pay up for businesses promising decades of future growth, often overlooking near-term fundamentals. That enthusiasm helped make SpaceX‘s (NASDAQ:SPCX) public debut one of the biggest investing stories of the year. ... SpaceX Erases All Post-IPO Gains. Will Today’s Nasdaq-100 Addition Help?

Samsung's (005930.KS) preliminary earnings results are causing volatility in the memory sector, just ahead of SK Hynix's (000660.KS) Friday IPO. Yahoo Finance Markets and Data Editor Jared Blikre takes a closer look in the video above.
Wall Street analysts are rolling out sky-high price targets on SpaceX's shares this week, despite a bumpy few first weeks of trading for the rocket maker. JPMorgan set a $225 price target by end-2027. "SpaceX’s ambitions—and potential impact on humanity—are bigger than any company’s we’ve ever seen," the bank's analysts said.
Prediction market traders are betting serious money on which AI giant hits the public markets first, and the crowd favorite is not the name dominating the headlines. The odds on Polymarket tell a story that flips the conventional wisdom about OpenAI, Anthropic, and Databricks completely upside down.
Investing.com -- RBC Capital lifted its price target on Tesla to $500 from $475 in a note on Tuesday, incorporating a premium tied to a potential combination with SpaceX, while also updating its standalone intrinsic valuation of the electric vehicle maker.
Some investors may be eyeing SpaceX for the wrong reasons.
MARKETS AM NEWSLETTER Blowout results from Korean chip maker Samsung fell flat as investors got cold feet about sky-high prices for memory stocks. Tech stocks look set to open lower on the very day that SpaceX will appear in the most popular vehicle U.
July 7 (Reuters) - Futures tied to the tech-heavy Nasdaq dropped on Tuesday on declines in chip stocks over concerns about the sustainability of the AI-driven rally despite strong results from Samsung
New York Stock Exchange President Lynn Martin told Yahoo Finance that she feels optimistic about the stock market and the economy as momentum builds for companies going public following a long IPO drought.
Investors are looking ahead to Wednesday—when minutes from the Federal Reserve’s latest meeting will be released. They’ll also be watching for today's inclusion of SpaceX in the Nasdaq-100 index and Friday, when SK Hynix’s U.
It all comes down to how you define overhyped.
AI-driven momentum is keeping bulls in high spirits after the Dow’s record close, though investors are a bit cautious ahead of the Fed minutes and fresh corporate catalysts.
MARKETS PM NEWSLETTER This is an edition of the Markets P.M. newsletter, a recap of the day’s most important markets moves, delivered after the closing bell. If you’re not subscribed, sign up here. What Happened in Markets Today Tech stocks rallied back after fizzling before the holiday.
Elon Musk‘s Space Exploration Technologies Corp. guided 260 Starlink satellites to burn up in Earth’s atmosphere between Dec. 1, 2025, and May 31, 2026, according to a semiannual compliance report filed with the Federal Communications Commission (FCC). SpaceX Retires Satellites...
A potential Musk empire merger could make SpaceX-Tesla the world's fourth-largest company.
SpaceX's stock has been on a wild ride since its IPO last month. But buckle up: More big moves could be ahead. Elon Musk's rocket company will officially join the Nasdaq-100 index tomorrow, following Nasdaq's decision to fast-track newly public megacap companies under new inclusion rules.
Investors are assessing strong momentum for hardware companies in the first half of the year.
Rep. Dan Meuser and Rep. Gil Cisneros disclosed purchases of SpaceX stock days after the company's June 12 IPO, raising questions about their committee roles
(Bloomberg) -- Csquare Inc., a data center company backed by Brookfield Corp., is seeking to raise as much as $1.35 billion in a US initial public offering.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutThe company is