SpaceX exercised its option for Cursor in an all-stock deal worth $60 billion, reshaping AI dealmaking expectations.

The IPO flips expectations: a rocket company lands among megacaps even while revenue is far smaller.

The IPO priced at $135, surged on Nasdaq and Texas, and immediately rewired how executives think about mega-debuts.

A $75 billion public raise before a record listing turns SpaceX’s next chapter into a trillionaire test for markets.

Elon Musk’s company is moving faster toward a market debut that could reset expectations for private space valuations and investor demand.

The Elon Musk company set a target price for buyers earlier than expected, putting a giant private valuation in the market’s spotlight.