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SpaceX rallies past first IPO lockup expiry as $60 billion Cursor deal advances

SpaceX’s shares rebounded toward $150 after surviving the Aug. 6 expiration of its first post-IPO lockup, helping drive a reported $500 billion rally. The company is also moving toward closing its proposed $60 billion all-stock acquisition of Anysphere, developer of the AI coding platform Cursor.

Discovered 2026-08-13T02:06:38.157182-07:00 | 2026-08-13T02:06:38.157182-07:00

Briefing

What Hype is tracking

The first lockup expiry tested investor appetite for SpaceX shares as millions of shares became eligible for sale, while the company’s stock subsequently moved back toward $150.
The proposed $60 billion all-stock acquisition of Anysphere would extend SpaceX’s reported growth strategy beyond launch and satellite communications into AI infrastructure and software.
SpaceX’s post-IPO performance remains a key signal for private-market valuations and investor risk tolerance across the commercial space sector.

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