Why SpaceX’s Deal for Cursor Today Matters, Even If We Knew About It in April

SpaceX stock rose early Tuesday, boosted by a deal to beef up its AI offerings. Shares of Elon Musk’s AI and rocket company jumped 14% to $219.22 in early trading Tuesday, while the ticked up 0.1%. One Tuesday, SpaceX announced it was combining with the agentic AI software coding tool, which competes with the likes of Anthropic’s Claude.