Key Facts

• SpaceX’s market value grew by about $537 billion in two days.
• On Tuesday, SpaceX was valued at $2.659 trillion, higher than Amazon’s $2.646 trillion.
• The rise in value lets SpaceX use its stock like money for deals.
• SpaceX bought the startup Cursor for $60 billion in an all-stock deal.
• Cursor works on vibe-coding, which helps SpaceX’s AI group called Grok.
• Grok competes with other AI companies like Anthropic and OpenAI.
• Elon Musk leads SpaceX, which also works in space launches, satellites, AI, and social media.
• The market surge shows Elon Musk’s strong influence on stock prices.