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SpaceXAI and Cursor plan to release their first jointly developed artificial intelligence model as soon as Wednesday, weeks after SpaceX moved to buy the code editor for $60 billion. Key Points: The launch was delayed earlier this week so engineers could improve the model's efficiency. Internal test

Elon Musk's xAI rebranded as SpaceXAI on Monday, adopting a new logo that completes the artificial intelligence firm's absorption into SpaceX five months after their $1.25 trillion merger. Key Points: xAI changed its X handle to SpaceXAI on Monday and posted a video of its logo folding into a new ma

SpaceX will join the Nasdaq-100 before Tuesday's market open, a rare fast-tracked entry that JPMorgan expects to drive roughly $4.3 billion in passive buying. Key Points: SpaceX enters the Nasdaq-100 before the Jul. 7 open, weeks after its Jun. 12 market debut. JPMorgan estimates about $4.3 billion

SpaceX joins the Nasdaq-100 on Tuesday, an entry that could force up to $27 billion in passive buying even as most recent additions stumbled in week one. Key Points: SpaceX enters the Nasdaq-100 before the open on Jul. 7, just 15 trading days after its debut. Index-tracking funds may need up to $27

A field of 10 private giants, from OpenAI to Anthropic, is lining up behind SpaceX, whose $75 billion offering reset expectations for how large a market debut can be. Key Points: SpaceX priced its Jun. 12 debut at $135 and raised more than $75 billion, the largest offering on record. Analysts see Op