SpaceX Officially Closes $60 Billion Acquisition of AI Startup Cursor

SpaceX has officially finalized its massive $60 billion all-stock acquisition of AI coding startup Cursor, integrating the firm directly into the SpaceXAI product group to accelerate the development of Grok. Announced on August 14, 2026, the completion of the deal follows an initial partnership established in April and a formal SEC filing in June, cementing … Read more

Nvidia Turns $5B Intel Investment Into $30B Windfall, Discloses Massive $21B SpaceX Stake

Semiconductor titan Nvidia has transformed a $5 billion investment in Intel into a staggering $30 billion holding, while revealing a new $21 billion stake in SpaceX according to a recent SEC filing. Led by CEO Jensen Huang, the company has strategically positioned itself as a financial stakeholder in its key partners, completely exiting its position … Read more

Tesla Prepares for Flying Roadster Unveiling and Expands Robotaxi and Powerwall Ecosystem

In a massive wave of technological updates, Tesla is reportedly gearing up to unveil its long-awaited, all-electric Tesla Roadster as early as this month, featuring a SpaceX-collaboration cold-gas thruster package. Alongside this groundbreaking automotive milestone, Tesla has officially secured its autonomous vehicle permit in Nevada for a capped 10-vehicle robotaxi fleet, and rolled out a … Read more