SpaceX (NASDAQ:SPCX) Reports 92% Revenue Growth, $60B Cursor Deal, and 12M Starlink Subscribers
SpaceX doubled Starlink subscribers to 12M and agreed to acquire AI coding platform Cursor for $60B, as Q2 revenue hit $7.8B, up 92% year-over-year.
Space Exploration Technologies Corp. (NASDAQ: SPCX) is an industrial company, listed on the NASDAQ. Alpha Stocks Insight has published 5 articles on SPCX since Tuesday, June 16, 2026, most recently "SpaceX (NASDAQ: SPCX) Closes $60B Acquisition of Cursor AI Developer Anysphere" on Friday, August 14, 2026. Coverage to date spans Industrials and Technology, tracking SPCX's earnings, analyst activity, and material corporate events. New coverage is added each trading day.
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Data via Finnhub · refreshes hourly · not financial advice
SpaceX completed its $60B all-stock merger with Anysphere, issuing 391M shares to bring the Cursor AI coding tool under its umbrella.
SpaceX doubled Starlink subscribers to 12M and agreed to acquire AI coding platform Cursor for $60B, as Q2 revenue hit $7.8B, up 92% year-over-year.
A $60B all-stock Cursor deal and the Grok 4.5 launch mark SpaceX's pivot from aerospace to AI hyperscaler, bringing 3.4% dilution and a new valuation framework for SPCX investors.
SpaceX is joining both the Russell indexes and the Nasdaq 100 by July 7, forcing mandatory buying from passive funds benchmarked to each index at a $2.16T market cap.
SpaceX inked a $60 billion agreement with Cursor for AI coding, confirmed by a June 16 SEC filing, as SPCX closed at $201.80, up 4.83% on the day.
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Important Legal Disclaimer: This is for informational purposes only and is not financial, investment, or tax advice. Past performance is no guarantee of future results. We are not licensed advisors. For Swiss residents: This does not constitute a public offer under FINSA. For EU residents: Not MiFID II compliant advice. For US residents: Not SEC-registered advice. Always consult a qualified professional. Investing involves risk of loss.