SpaceX shares rise 11%, flip Amazon to become fifth largest company by market cap

SpaceX's IPO and orbital data centers could revolutionize global connectivity and computing, impacting industries and sparking new competition. The post Sequoia’s Shaun Maguire discusses SpaceX IPO and plans for orbital data centers appeared first on Crypto Briefing.

The acquisition of Cursor gives SpaceX a foothold into the enterprise software development market, where AI-assisted coding has taken off and led large companies to significantly pare back their reliance on human engineers.

The all-stock deal would make Cursor a wholly owned SpaceX subsidiary and deepen the company's push into AI following its blockbuster IPO.

Separately, neither could compete. Now they hope they can.

SpaceX has climbed to a market value of nearly $2.93 trillion after its shares jumped more than 17%, briefly pushing Elon Musk’s aerospace company ahead of both Amazon and Microsoft in the global corporate rankings. According to data from Yahoo…

The IPO could enhance L3Harris's market influence, boost defense sector innovation, and address global missile supply chain demands. The post L3Harris Technologies taps JPMorgan and Morgan Stanley for IPO of missile solutions unit appeared first on Crypto Briefing.

TechCrunch has followed SpaceX's start, struggles, and successes from the early days. And we're here for what happens next too. This package of SpaceX IPO coverage includes who stands to win (and maybe some who won't), pre-IPO deals, and what's tucked inside its S-1 registration document.

The SpaceX IPO highlights the growing influence of crypto derivatives in traditional finance, offering retail investors alternative access. The post SpaceX IPO generates over $1B in trading volume on first day, but not where you’d expect appeared first on Crypto Briefing.