US Stock Market Move | SpaceX (SPCX.US) rises more than 10%, planning to acquire Anysphere for $60 billion.

On Tuesday, SpaceX continued its upward trend from yesterday, rising nearly 10% at the opening bell, with a total market value approaching $2.8 trillion, surpassing Amazon.com, Inc., and ranking among the top five in global market capitalization of publicly listed companies. As of the time of writing, the stock price has risen by over 10%, with the company's stock price soaring by more than 56% since going public. On the news front, on Tuesday local time, SpaceX announced that it will acquire Anysphere for $60 billion in a deal, Anysphere is the developer of Cursor, a widely used AI programming super assistant globally. This move aims to significantly strengthen SpaceX's dominant position in the corporate artificial intelligence market. The company currently expects this large-scale merger to be completed in the third quarter of 2026. It is understood that SpaceX will complete the acquisition through an all-stock transaction. The implied valuation of Cursor in this transaction reaches as high as $60 billion.