Yes—the option was deliberately built to bridge the IPO.Before SpaceX was public, it locked Cursor at a fixed $60B equity value. After the IPO, the public market—not the $135 offer price—would determine how many SpaceX shares Cursor received at closing. pic.twitter.com/d576v1hA12— Sensemaker (@sensemaker_ai) July 21, 2026
SpaceX cuts a deal to maybe buy Cursor for $60 billion
With a SpaceX IPO around the corner.
DogeDesigner on Twitter / X
BREAKING: SpaceX is acquiring Cursor in a $60 billion all-stock deal.• Cursor is being valued at $60 billion• Cursor will become a wholly owned SpaceX subsidiary• Cursor shareholders will receive SpaceX Class A shares• The exchange ratio will be based on SpaceX’s 7-day… pic.twitter.com/pAIHBieOf8— DogeDesigner (@cb_doge) June 16, 2026
The SpaceX IPO filing is filled with AI bets, Starship dreams, and Elon Musk at the center | TechCrunch
SpaceX has finally made the contents of its IPO filing public, weeks ahead of what is expected to be the largest IPO ever and one that will make Musk the CEO, CTO, and chairman of the board.
After Biggest IPO Ever: Is Elon Musk SpaceX's Steward?
The richest man on the planet has launched the world's biggest IPO ever. After the pricing of the SpaceX IPO was finalized yesterday, shares of the rocket-and-AI giant were traded on the NASDAQ for the first time today. The company's total valuation stands at the expected $1.75 trillion, with the roughly 550 million newly issued shares representing a value of $75 billion at the offering price ($135 per share). Shares opened approximately 11% higher on the first day of trading, touching $150. These ingredients make for the biggest IPO of all time. And for the greatest wealth in the hands of a single person: Elon Musk is, on paper at least, the first trillionaire in world history.
Space Exploration Technologies Corp. Announces Closing of Initial Public Offering, Including Full Exercise of Underwriters’ Option to Purchase Additional Shares
STARBASE, Texas Space Exploration Technologies Corp. (SpaceX) today announced the closing of its initial public offering of an aggregate 638,888,888 shares of its Class A common stock, including the full exercise by the underwriters of their overallotment option to purchase an additional 83,333,333 shares of Class A common stock from SpaceX. The issuance of all shares closed on June 15, 2026, bringing the gross proceeds from the initial public offering to Spa
Our decision on Cursor following its acquisition by SpaceX
Our decision to wind down our contract providing OpenAI models to Cursor following its acquisition by SpaceX.
The Insider Story of Twilio
This is the insider story of Twilio, told by Co-Founder & CEO Jeff Lawson, from "Idea to IPO" — and now a $63 Billion market cap.
xAI Hires Cursor's Milich and Ginsberg After Musk Says Company 'Was Not Built Right' — Silicon Report
The move comes as 10 of 12 xAI co-founders have departed since 2023, forcing Musk to rebuild the AI coding team while Tesla and SpaceX have committed $2...
OpenAI: The Fix Is In
An update to More Magic Math from OpenAI The final mad dash to IPO is on for the big AI companies. SpaceX, OpenAI, and Anthropic have all made their intentions clear. And nothing could be more obvi…
Perplexity AI’s $34.5 billion bid for Chrome underscores Google's hurdles ahead of IPO anniversary
Perplexity AI's offer of $34.5 billion for Google's Chrome browser is a lot lower than where some analysts value the business.
Daniela Gabor on Twitter / X
news from AI bubble:OpenAI plans to borrow USD 4bn from private equity TPG/Bain Capital/ Brookfield Asset Management, at 17.5% interest, to embed OpenAI products in their 2,000+ portfolio companies. literally paying Wall Street to force its products on their firms pic.twitter.com/SUPPTsXBg6— Daniela Gabor (@DanielaGabor) May 7, 2026
Michael Truell on Twitter / X
We’re sorry to see that OpenAI put out a note saying they plan to block Cursor users from accessing OpenAI models in three months.OpenAI models serve about 5% of Cursor user traffic, and we’re speaking with the OpenAI team to resolve this.Cursor was one of the very first…— Michael Truell (@mntruell) August 29, 2026
OpenAI says it plans to stop supplying models to Cursor on Nov. 12 after SpaceX's acquisition. Cursor says OpenAI is about 5% of its traffic. Anthropic says it will increase Claude compute. This is not just another Musk–Altman fight. It tests whether model APIs are actually neutral infrastructure.
