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SPACEX XAI ACQUISITION
Musk’s SpaceX adds billions in debt while cutting interestElon Musk's SpaceX has successfully issued $25 billion in investment-grade bonds, a move that consolidates debt from X and xAI while loweri...- SpaceX falls for third day, erases $600 billion in market valueSpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announ...
- SpaceX valuation hinges on uncertain AI economics, says Professor Aswath DamodaranSpaceX's massive market debut, reaching a $2 trillion valuation, is largely fuelled by AI ambitions, according to valuation expert Aswath D...
- Abu Dhabi's MGX weighs multi-billion deal for data centre operator DayOneAbu Dhabi's AI investor, MGX, is reportedly exploring the acquisition of Singapore-based data centre operator DayOne, signaling a significa...
- SpaceX bankers prepare for bond sale of at least $20 billionSpaceX is preparing to discuss a massive bond offering with investors. The company plans to raise at least $20 billion. This move follows i...
- BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.
- SpaceX to acquire AI coding company Cursor for $60 billionSpaceX is set to acquire AI coding firm Anysphere, creators of Cursor, for a staggering $60 billion. This strategic move aims to bolster Sp...
- Can Elon Musk's xAI challenge Anthropic after SpaceX's $60 billion Cursor AI acquisition from Anysphere?SpaceX has agreed to acquire Cursor AI parent Anysphere for $60 billion in an all-stock deal, days after SpaceX's blockbuster Nasdaq debut....
- Hari Menon exits BigBasket; Sarvam cofounder on fresh fundingBigBasket's longtime leader Hari Menon has stepped down as CEO. This and more in today's ETtech Top 5.
- What is SpaceX's IPO ticker and where will it be listed as SpaceX stock begins trading today, June 12, in the biggest IPO in history— should investors buy on day one?SpaceX IPO Ticker, Nasdaq Listing and $1.78 Trillion Valuation: The wait is finally over. SpaceX stock began its historic market debut toda...
- Elon Musk Net Worth: From $788,800,000,000 today to a possible $1,000,000,000,000 after SpaceX IPO— How much would each of his 14 children get?Elon Musk Net Worth June 2026: According to Forbes, Elon Musk’s fortune stood at approximately $788.8 billion on June 8, 2026. Some project...
- SpaceX IPO: Elon Musk's AI ambitions fueling space data centers & trillionaire dreamsSpaceX's upcoming IPO, fueled by immense investor demand, could propel Elon Musk to trillionaire status. Beyond its space ambitions, the co...
- SpaceX lowers IPO valuation target to at least $1.8 trillionBloomberg News reported in April that SpaceX was aiming for a valuation above $2 trillion. The target is settling lower after consultations...
- New York, California pension leaders oppose 'extreme' SpaceX control structureUS pension funds are raising significant red flags regarding SpaceX's imminent entry into the stock market. Leaders from California and New...
- Microsoft eyeing startup deals for life after OpenAIMicrosoft is actively seeking AI startups for potential acquisitions. This move aims to bolster its AI talent and develop a cutting-edge AI...
- xAI CFO Anthony Armstrong leaves the company: ReportAnthony Armstrong, xAI's Chief Financial Officer, has left the company. This departure is part of a larger trend of senior staff exits. Arm...
- SpaceX merger provides lifeline for Elon Musk’s debt-ridden AI startupThe company, which owns Musk’s AI startup and the social network X, is saddled with billions of dollars in debt, besieged by well-funded ri...
- Explained: Why Elon Musk merged his space and AI businesses to create a $1.25 trillion behemothSpaceX has acquired xAI in a deal that rolls all of xAI’s equity into SpaceX, making xAI a wholly owned subsidiary under the SpaceX corpora...
- Elon Musk merges xAI with SpaceX; combined valuation pegged at $1.25 trillionA merger would represent one of the most high-profit corporate pairings in Silicon Valley, blending a space-and-defense contractor with a r...
- SpaceX acquires xAI in landmark deal as Elon Musk merges tech giants for AI and space dominanceSpaceX has acquired AI startup xAI, merging two of Elon Musk's ventures into the world's most valuable private company. This strategic move...
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