SpaceX raised up to $86 billion in the largest IPO ever, then spent $60 billion on AI startup Cursor as Musk targets OpenAI and Anthropic.

SpaceX's IPO has raised a record $85.7 billion after underwriters exercised an additional share option, making it the largest public offering in history.

SpaceX raised up to $86 billion in the largest IPO ever, then spent $60 billion on AI startup Cursor as Musk targets OpenAI and Anthropic.