TNW News

SpaceX has made it official. In a filing on Tuesday, Elon Musk’s newly public rocket company said it had signed a binding agreement to buy Anysphere, the startup behind the popular AI coding tool Cursor, in an all-stock deal that values the company at $60bn. It confirms an option SpaceX first disclosed in April, and […]

TNW News : Business

SpaceX is now worth more than Amazon, at least for as long as the rally holds. Shares of the rocket company rose more than 10% on Tuesday, extending a run that began at its market debut and putting it on course to become the world’s fifth most valuable listed company, four trading days after it […]

Tech Insider : Business, Economy, Technology
Billionaire Gina Rinehart, chairman of Hancock Prospecting.
Australian mining billionaire Gina Rinehart has built major stakes in rare-earth and critical minerals companies alongside her iron-ore business.
Tech Insider : Business
Scott Morton, CEO of Revel, stands in a brown jacket while looking at a computer.
Scott Morton, standing in the brown jacket on the right, said wealth managers reached out to him before SpaceX's IPO.
TNW News : Business

Two days after taking SpaceX public in the largest stock-market debut on record, Elon Musk said the company could be earning roughly $1tn a year by 2030, and probably more in 2031. He made the claim on X over the weekend, as Reuters reported, with the stock still settling after a debut that valued the […]

Tech Insider : Business, Environment, Style
Cursor CEO Michael Truell.
Cursor CEO Michael Truell.
TNW News : Crypto

Crypto users who thought they had found a way into the hottest IPO in years through tokenized SpaceX stock discovered on Friday that the shares would not be arriving. Binance Wallet, Bybit, and Bitget Wallet all canceled their tokenized SpaceX offerings after xStocks, the tokenized equity provider behind all three products, failed to deliver the […]

Tech Insider : Business
Gambit founder and early SpaceX employee Josh Giegel is pictured.
Josh Giegel worked at SpaceX from 2009 to 2012. He's now the CEO of Gambit.
Tech Insider : Business, Politics, Travel
Onlookers attending take pictures of a clear view of the SpaceX Falcon 9 on February 14, 2026, in Perris, California.
SpaceX's valuation has grown exponentially since its 2002 founding.