#spacex
// 5 transmissions tagged with #spacex
SpaceX acquires Cursor AI code editor
SpaceX has bought Cursor, an AI‑powered code editor, according to BBC News. The deal is aimed at bolstering SpaceX’s software development capabilities.
Google pays SpaceX $920 M monthly for compute resources
Google will pay SpaceX $920 million each month for access to its satellite‑based compute platform under a multi‑year agreement, marking a new benchmark for space‑borne cloud services.
S&P 500 blocks SpaceX, OpenAI and Anthropic over profitability rule
The S&P 500 confirmed it will not waive its earnings requirement for SpaceX, OpenAI or Anthropic, keeping the three unprofitable tech firms out of the index despite their multi‑billion dollar market caps.
SpaceX files confidential S-1. $1.75T target makes it the biggest IPO in history.
SpaceX confidentially filed an S-1 on April 1 targeting a June 2026 listing at $1.75T valuation with a $75B raise. At 95x trailing revenue, the math prices in Starlink, Starship, and absorbed xAI together.
SpaceX absorbs xAI. Frontier AI now sits inside a launch company.
SpaceX merged with xAI in February, consolidating Musk's AI operations under his space company. The combined entity now carries the implied AI valuation into the SpaceX IPO target.