SpaceX’s surging stock just turned its valuation into an acquisition weapon

SpaceX priced its IPO at $135 a share on 12 June. Five days later, the stock has climbed nearly 50%, pushing SpaceX past Amazon to become the fifth most valuable public company in the world at roughly $2.66 trillion. That surge is not just making shareholders richer. It is making acquisitions cheaper. The Cursor deal On Monday, […] This story continues at The Next Web

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SpaceX’s surging stock just turned its valuation into an acquisition weapon

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