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$SPCX reached $108M in 24H volume, making it the highest-volume market on Solana.
Issued by Backpack Securities, $SPCX is redeemable 1:1 for real shares and transferable to traditional brokerages. Liquidity bootstrapped by @SunriseDeFi.
BREAKING: SpaceX is acquiring Cursor in a $60 billion all-stock deal.
• Cursor is being valued at $60 billion
• Cursor will become a wholly owned SpaceX subsidiary
• Cursor shareholders will receive SpaceX Class A shares
• The exchange ratio will be based on SpaceX’s 7-day average share price before closing
• Subject to regulatory approvals and customary closing conditions
• Expected to close in Q3 2026
Cursor is one of the world’s leading AI coding platforms and one of the fastest-growing software companies. This marks one of the largest AI acquisitions ever and significantly expands SpaceX’s footprint in AI.
SpaceX has surpassed TSMC to become the world’s 6th-largest company.
It is now roughly 5% away from overtaking Amazon to become the world’s 5th-largest company.
Here are the world’s largest companies by market cap: