Archives

SpaceX’s $60 billion acquisition of Cursor developer Anysphere has turned four MIT classmates in their mid-20s into multibillionaires almost overnight.

SpaceX agreed to acquire Anysphere, the developer of AI coding tool Cursor, in a $60 billion all-stock merger through subsidiary X67 Inc.

The Bank of Japan raised its benchmark interest rate to 1%, the highest level in more than three decades, as policymakers respond to persistent inflation and pressure on the yen.

SpaceX shares climbed above $200 for the first time, pushing the company’s valuation to approximately $2.5 trillion and making it one of the largest public companies in the world.

Salesforce agreed to acquire AI software developer Fin for $3.6 billion, strengthening its position in the rapidly expanding market for enterprise artificial intelligence tools.

Fox Corporation has agreed to acquire Roku in a $22 billion transaction, combining one of the largest streaming platforms with Fox’s growing digital media and advertising business.

Elon Musk became the first person in history to reach a net worth of $1 trillion after SpaceX’s public debut, further extending his lead as the world’s richest individual.

Project Prometheus, the industrial AI startup backed by Jeff Bezos, has reportedly reached a $41 billion valuation following its latest funding round as investors bet on AI applications beyond software.

The United States has become the world’s largest oil exporter, surpassing Saudi Arabia and Russia as record crude and fuel shipments reshape global energy markets.

U.S. stocks erased approximately $1.2 trillion in market value after President Trump warned that the United States could strike Iran ‘very hard’, triggering a sharp reversal across risk assets.