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…

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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

  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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