SpaceX Targets Two Trillion Dollar Orbital IPO
In early 2026, SpaceX executed a major strategic expansion by acquiring xAI for $1.25 trillion and securing an option to purchase the AI coding startup Cursor for $60 billion. These moves are designed to consolidate Elon Musk’s technology interests—including Starlink and the X social media platform—into a singular "innovation engine" ahead of a massive initial public offering. Despite this growth, Cursor has faced recent criticism for allegedly using the Chinese Kimi K2.5 model without disclosure, highlighting ongoing tensions regarding open-source attribution and model provenance…
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