Accuvest Global Advisors

Company

Last mentioned: 1d ago

Timeline

  1. Cursor acquisition expected close

    The all-stock purchase of Cursor is slated to finalize, making it a wholly owned subsidiary of SpaceX.

  2. Surge and acquisition announcement

    Shares climb 10.8% to $213.35, lifting market cap to $2.8 trillion and overtaking Amazon. SpaceX formally announces the $60B acquisition of Cursor; deal expected to close in Q3 2026.

  3. Record $85.7 billion IPO

    SpaceX completes its initial public offering, raising the largest amount in history and giving it a public currency for acquisitions.

  4. Cursor partnership with purchase option

    SpaceX and Cursor announce a strategic partnership that includes a clause for SpaceX to potentially acquire Cursor for $60 billion.

  5. SpaceX founded

    Elon Musk co-founds Space Exploration Technologies Corp., originally as a rocket startup.

Stories mentioning Accuvest Global Advisors 1

Space Business Very Bullish

SpaceX’s $2.8T Valuation Tops Amazon After Record $85.7B IPO

SpaceX surged 40% in three days to a $2.8 trillion market cap, surpassing Amazon and becoming the fifth-largest public company. The rally follows a historic $85.7 billion IPO and the announced $60 billion acquisition of AI coding firm Cursor, signaling a financial paradigm shift for the space industry.

2 sources

About Accuvest Global Advisors coverage

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