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SpaceX (SPCX) Buys Cursor For $60 Billion As Wall Street Piles In
Simply Wall St.62d agobullish
SpaceX (SPCX) Buys Cursor For $60 Billion As Wall Street Piles In

SpaceX, now trading as NasdaqGS:SPCX, has agreed to acquire enterprise AI company Cursor in an all stock deal valued at US$60b. The transaction follows the world’s largest ever IPO for SPCX and comes alongside a surge in ETF launches and early index inclusions tied to the stock. Options trading volumes in SPCX have reached record levels within days of listing, drawing attention from both institutional and retail investors. Space Exploration Technologies, better known as SpaceX, is expanding...

Investing.com62d agoneutral
SpaceX bankers to start investor calls for $20bn bond sale

Investing.com -- Bankers for Elon Musk’s SpaceX are preparing to hold calls with investors as soon as next week to discuss a potential bond offering following the company’s record initial public offering, according to a report from Bloomberg News, citing people with knowledge of the matter.

SpaceX shares tumble as post-IPO frenzy loses steam
Reuters62d agobearish
SpaceX shares tumble as post-IPO frenzy loses steam

Shares of Elon Musk's rockets-to-AI firm SpaceX ‌dropped nearly 9% on Thursday, ‌as the post-IPO frenzy that briefly placed ​it among the top five most valuable companies of the world appeared to fizzle out. Its shares were ‌last down ⁠8.8% to $174.8, after falling nearly 5% in the last ⁠session. Despite the losses, the stock still traded more than 29% ​above its $135 ​offering price.

SpaceX bankers prepare for potential $20 billion bond offering, source says
Reuters62d agoneutral
SpaceX bankers prepare for potential $20 billion bond offering, source says

SpaceX's bankers ‌are preparing to ‌speak with investors as ​early as next week about a possible bond offering of at ‌least $20 ⁠billion, a source familiar with the ⁠matter told Reuters on Thursday, following ​its blockbuster ​Nasdaq ​debut last ‌week. The size of the offering is not yet set and may change, the source ‌said. The rockets-to-AI ​company's valuation ​surged ​to more than $2 ‌trillion after its ​debut.

Bloomberg62d agoneutral
SpaceX Bankers Prepare for Bond Sale of at Least $20 Billion

(Bloomberg) -- Bankers for Elon Musk’s SpaceX are preparing to hold calls with investors as soon as next week to discuss a potential bond offering on the heels of the company’s record IPO, according to people with knowledge of the matter.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USA

SpaceX Stock Extends Decline
The Wall Street Journal62d agoneutral
SpaceX Stock Extends Decline

SpaceX shares fell about 5% Thursday morning, extending Wednesday's decline after the company's historic Nasdaq debut last Friday. Shares are still up about 13% for the week and 35% from the $135 offering price.