In mid-June 2026, Space Exploration Technologies Corp. completed the largest IPO in history, raising roughly US$75–86 billion and rapidly secured inclusion in major Nasdaq indexes while agreeing to acquire AI coding platform Cursor in an all-stock deal valued at US$60 billion. These moves accelerate SpaceX’s shift from pure launch and satellite operations toward AI infrastructure and enterprise software, with Google and Anthropic signing multiyear GPU and data-center contracts worth tens of...