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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…

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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.”
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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?

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Bloomberg Technology

Marvell, Google Deepen Ties in AI Chip Race | Bloomberg Tech 8/19/2026

Bloomberg’s Ed Ludlow takes a look at the expanded partnership between Marvell and Google for chip development, with Marvell giving the search giant the right to buy as much as $12.2 billion in stock. Plus, SK Hynix plans to buy back $29 billion of shares and return more profits to investors to stabilize its stock…

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Bloomberg’s Ed Ludlow takes a look at the expanded partnership between Marvell and Google for chip development, with Marvell giving the search giant the right to buy as much as $12.2 billion in stock. Plus, SK Hynix plans to buy back $29 billion of shares and return more profits to investors to stabilize its stock after falling more than 50% in two months. And, startup Fuse raises $100 million to bring commercial nuclear fusion energy to the US and its allies.

00:00:00 – Bloomberg Tech Begins
00:01:24 – Ian King, Bloomberg News
00:03:37 – Matt Wittmer, Allspring Global Investments
00:09:46 – Peter Elstrom, Bloomberg News
00:13:42 – Sridhar Natarajan, Bloomberg News
00:16:39 – Fei-Fei Li, World Labs
00:20:10 – Brody Ford, Bloomberg News
00:23:08 – Peter Elstrom, Bloomberg News
00:28:34 – Yael Selfin, KPMG UK
00:34:52 – JC Btaiche, Fuse CEO
00:41:46 – Madlin Mekelburg, Bloomberg News
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

Investors Bet on Making Commercial Fusion a Reality

Fuse has raised $100 million to accelerate development and commercialization of its fusion technology. CEO JC Btaiche joins Bloomberg to discuss why the company is focused on building generators faster, and why he sees private companies as critical to helping the US compete with China in the race for fusion energy. He joins Ed Ludlow…

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Fuse has raised $100 million to accelerate development and commercialization of its fusion technology. CEO JC Btaiche joins Bloomberg to discuss why the company is focused on building generators faster, and why he sees private companies as critical to helping the US compete with China in the race for fusion energy. He joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

Why AI Isn’t the BOE’s Biggest Inflation Worry

Could the AI boom become a new source of inflation for the UK? KPMG UK Chief Economist Yael Selfin discusses how rising chip and AI model costs are filtering through the economy and why higher household energy costs remain a much bigger concern for the Bank of England. She joins Ed Ludlow to discuss on…

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Could the AI boom become a new source of inflation for the UK? KPMG UK Chief Economist Yael Selfin discusses how rising chip and AI model costs are filtering through the economy and why higher household energy costs remain a much bigger concern for the Bank of England. She joins Ed Ludlow to discuss on “Bloomberg Tech.”
——–
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