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SpaceX's soaring stock makes acquisitions cheaper
SpaceX's $60B all-stock Cursor deal costs less dilution as stock climbs 50% post-IPO. Ackman calls it a strategic asset. Anthropic and OpenAI want the same.
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infoworld.com
SpaceX’s planned $60 billion deal for Cursor raises questions for CIOs
Analysts differ on the likely impact, some arguing that the deal gives Cursor the compute expansion it needs, while others worry that Cursor’s trustworthiness could be threatened.
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forbes.com
SpaceX Buys Cursor In Largest Startup Acquisition Ever At $60 Billion
SpaceX exercised its option to buy Cursor for $60 billion in all stock, the largest startup acquisition ever, arming xAI and Grok against rivals Anthropic and OpenAI.
