SPACE X is trading at BRL 50.79, up +4.29%, after completing its $60 billion all-stock acquisition of AI coding startup Cursor on August 14, according to regulatory filings.
- Cursor is now part of SpaceX, strengthening its push into enterprise artificial intelligence and competition with Anthropic and OpenAI.
- The transaction is the clearest catalyst behind the August 17 rally, although no volume data was provided.