16 Jun 2026
SpaceX Buys Cursor In Largest Startup Acquisition Ever At $60 Billion
SpaceX just executed the largest acquisition of a venture-backed startup in history, exercising its option to buy Cursor parent Anysphere for $60 billion in an all-stock deal that pulls a rocket company straight into the center of the AI coding war.
Sandy Carter
2026
16 Jun 2026
The subtext of Robinhood's layoff memo: It's not us, it's you
In announcing layoffs, Robinhood CEO Vlad Tenev said the company must "continuously raise our own bar."
Sarah E. Needleman, Tim Paradis
2026
16 Jun 2026
‘Dangerous’ AI Models Are Coming No Matter What
Late last week, Anthropic took its new Claude Fable 5 and Mythos 5 AI models offline following a United States government export-control directive barring “any foreign national” from using the services.
@wired, Lily Hay Newman
2026
16 Jun 2026
Meet two North Texas venture capital leaders who won big on SpaceX's historic IPO
SpaceX Starship No. 33 is seen in December at the Massey test site. Courtesy SpaceX Phil Scully grew up milking cows on a dairy farm in New Hampshire and goes to Burning Man in his free time. On Friday, his Dallas-based space and defense tech venture capital firm racked in a fortune from SpaceX’s Wall Street debut.
Charlotte Kramon
2026
16 Jun 2026
MANGOS Or Fab 10? SpaceX's IPO Sparks A Scramble To Rename Big Tech Stocks
Topline SpaceX's blockbuster Nasdaq debut has vaulted it past three Magnificent 7 members by market cap in its second full day of trading, fueling a Wall Street scramble to retire the acronym in favor of new labels, including the social media viral "MANGOS" and Vanda Research's "Fab 10"—neither of which most investors can fully buy, since marquee members OpenAI and Anthropic remain private.
Alicia Park
2026
16 Jun 2026
Elon's super currency: SpaceX' surging stock paid for the $60 billion Cursor acquisition in just a few hours of trading
SpaceX’s stunning IPO pop has driven Elon Musk’s net worth to astronomical levels. It’s also given him an extraordinary business tool: a supercurrency for mergers and acquisitions.
Lily Mae Lazarus
2026
16 Jun 2026
Coinbase CEO Accredited Investor Rules Favor the Rich
Coinbase CEO Brian Armstrong Calls for Reform of Accredited Investor Rules, Says Current System Favors the Wealthy
@MEXC_Official
2026
16 Jun 2026
SpaceX is public: Everything you need to know post-IPO
SpaceX has captured the attention of media, investors, and the public for years now — interest propelled by the company’s reusable rocket launches, the rise of its Starlink satellite network, and of course, for its founder and CEO Elon Musk. But in its 24-year history, nothing quite compared to its initial public offering. Everyone seemed interested — perhaps because of the sheer size of the IPO.…
Russell Brandom
2026
16 Jun 2026
Here’s What Experts Think About the SpaceX IPO
SpaceX just pulled off the largest IPO in market history. Now Wall Street has to figure out if any of it makes sense. On June 12, 2026, Elon Musk 's Space Exploration Technologies Corporation ( SpaceX) made history. It went public and immediately became the sixth-largest company in the United States.
Damien Scott
2026
