economy
SpaceX leapfrogs Amazon to become world’s fifth-most valuable company
Elon Musk’s AI, rocket and satellite group also announces $60bn deal for AI coding app Cursor
TL;DR
- SpaceX is now the world's fifth-most valuable company.
- SpaceX has surpassed Amazon in company valuation.
- Elon Musk's group, focused on AI, rockets, and satellites, made the announcement.
- A $60 billion deal for the AI coding app Cursor was also announced.