Value of Elon Musk’s firm at one point rose to $2.97tn days after its IPO following purchase of AI coding startup Cursor
Elon Musk’s SpaceX has overtaken Amazon as the world’s fifth-most valuable company days after its stock market debut.
The milestone came as it agreed to buy the startup behind the AI-powered coding app Cursor for $60bn (£44bn), in an attempt to capitalise on the technology’s success as a coding tool.
Value of Elon Musk’s firm at one point rose to $2.97tn days after its IPO following purchase of AI coding startup CursorElon Musk’s SpaceX has overtaken Amazon as the world’s fifth-most valuable company days after its stock market debut.The milestone came as it agreed to buy the startup behind the AI-powered coding app Cursor for $60bn (£44bn), in an attempt to capitalise on the technology’s success as a coding tool. Continue reading…
Discover more from Stayupdated.co.uk
Subscribe to get the latest posts sent to your email.
