qinbafrank|Jun 16, 2026 13:51
In April, when SpaceX had just merged with xAI and its valuation was only $1.2 trillion, they locked in Cursor first. Now it's gone public, using an all-stock deal with a nearly $3 trillion valuation to complete the acquisition. Gotta say, Elon’s capital maneuvering is on another level—hard for others to even come close. Plus, it’s significantly boosted market expectations in the short term.
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