Connect with us

Bloomberg Technology

SpaceX Pounces on $60 Billion Cursor Takeover Days After IPO

Sara Araghi, portfolio manager at Franklin Templeton – which backed SpaceX long before its IPO – says SpaceX cementing its $60 billion takeover of Cursor so quickly “makes sense” considering the company’s AI ambitions. She joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest…

Published

on

Sara Araghi, portfolio manager at Franklin Templeton – which backed SpaceX long before its IPO – says SpaceX cementing its $60 billion takeover of Cursor so quickly “makes sense” considering the company’s AI ambitions. She joins Ed Ludlow on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading
Advertisement
5 Comments

5 Comments

  1. @Seqqsy

    June 16, 2026 at 5:33 pm

    Bloomberg tech is the most bias, bootlicking bunch of clowns I have ever seen. They would suck the cm out of Elon’s dck if they could. They will only bring in SpcX early investors to the show to talk about how great the scam is actually working out LOL. Pathetic losers.

  2. @dave7701

    June 16, 2026 at 5:45 pm

    First Elon Musk has been a Trillionaire before the media even mentioned it to the public.
    SpaceX will SKYROCKET which it’s already doing. By the end of this year 300.00 easily. It’s a huge BUY for a short or long term investment.
    DA4NYSE26

  3. @bevolkisch4628

    June 16, 2026 at 6:48 pm

    In sum “I don’t really know anything about Spacex or what it does we are just buying because we were told it was a good idea and we are just learning about this.”

  4. @daShadoSage

    June 16, 2026 at 8:28 pm

    What do they get? Hope

  5. @abstractreasoner

    June 16, 2026 at 9:23 pm

    Elon wants to take away your car and then ship you to Mars. Why are so many people on board with his vision?

Leave a Reply

Your email address will not be published. Required fields are marked *

Bloomberg Technology

Chip Selloff, SpaceX, and Apple’s $5 Trillion Milestone | Bloomberg Tech 7/28/2026

Bloomberg’s Ed Ludlow breaks down the selloff in chip stocks dragging the Nasdaq 100 near correction territory, after signs of progress in China’s chipmaking add to worries about the sustainability of the AI spending boom. Plus, SpaceX shares erase a fifth of their value since the record-setting debut of Musk’s company, as investors start to…

Published

on

Bloomberg’s Ed Ludlow breaks down the selloff in chip stocks dragging the Nasdaq 100 near correction territory, after signs of progress in China’s chipmaking add to worries about the sustainability of the AI spending boom. Plus, SpaceX shares erase a fifth of their value since the record-setting debut of Musk’s company, as investors start to avoid riskier tech firms. And, Apple briefly becomes just the second company ever to achieve a $5 trillion market valuation.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:45 – Bloomberg’s Peter Elstrom on China’s Chip Advances
00:03:56 – Bloomberg’s Bailey Lipschultz on SpaceX’s Post-IPO Slide
00:07:21 – Shanti Kelemen, 7IM Co-Chief Investment Officer
00:12:57 – Bloomberg’s Michael Shepard on Tech Leaders Warning Against US Ban on Open-Weight AI
00:16:28 – Hayete Gallot, Microsoft Security Executive Vice President
00:19:41 – Talking Tech
00:20:36 – Bloomberg’s Kurt Wagner on Meta and BlackRock’s Plan to Build $14B Data Center
00:23:51 – Bloomberg’s Ryan Vlastelica on Chip Selloff, AI Spending Concerns
00:26:55 – Bloomberg Intelligence’s George Ferguson Discusses SpaceX’s Post-IPO Slide
00:29:41 – Bloomberg’s Dana Wollman on Apple’s Newest Smart Home Products
00:31:42 – Cathy Gao, Sapphire Ventures Partner
00:41:47 – Bloomberg’s Brody Ford on AI’s Decimation of Call Center Jobs
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Bloomberg Technology

Apple’s Big Smart Home Push, With Siri AI Front and Center

Apple is preparing a new push into the smart home market with fresh devices and software, including a hub device built around the new Siri AI assistant, according to sources. Bloomberg’s Dana Wollman joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes…

Published

on

Apple is preparing a new push into the smart home market with fresh devices and software, including a hub device built around the new Siri AI assistant, according to sources. Bloomberg’s Dana Wollman joins Ed Ludlow on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Bloomberg Technology

Open-Weight Backers Stand to Profit, Says Sapphire Ventures

As venture investors look for the next wave of value creation, Sapphire Ventures partner Cathy Gao says the answer isn’t another foundation model, it’s AI built for industries like healthcare, real estate, and legal services. Gao also explains why she isn’t surprised by a letter from Nvidia, Microsoft and others supporting open-weight models. She joins…

Published

on

As venture investors look for the next wave of value creation, Sapphire Ventures partner Cathy Gao says the answer isn’t another foundation model, it’s AI built for industries like healthcare, real estate, and legal services. Gao also explains why she isn’t surprised by a letter from Nvidia, Microsoft and others supporting open-weight models. She joins Ed Ludlow on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Trending