SpaceX’ surging stock paid for the $60 billion Cursor acquisition in just a few hours of trading—and it reveals Elon Musk’s new power
- Posted on June 16, 2026
- By Fortune
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- 1 min read
SpaceX’ surging stock paid for the $60 billion Cursor acquisition in just a few hours of trading—and it reveals Elon Musk’s new power
The Cursor deal reveals Musk's new M&A power, after a blockbuster IPO that now values SpaceX at $2.5 trillion.