2 min temu
Musk’s $2.6T AI Rocket: SpaceX Crushes Amazon, Weaponizes IPO Wealth for $60B Cursor Takeover
Just days after pulling off the largest initial public offering (IPO) in financial history, Elon Musk’s newly listed aerospace and artificial intelligence conglomerate, Space Exploration Technologies Corp (NASDAQ: SPCX), has triggered a massive post-IPO rally. Spurred by aggressive retail trading, index inclusion prospects, and a blockbuster $60 billion corporate acquisition, SpaceX stock vaulted 4.83% on Tuesday to close at $201.80, briefly flipping Microsoft intraday and comfortably leapfrogging Amazon to become the fifth-most valuable company in the world.