#spcx

SpaceX SPCX Stock Falls 4.5% as $60 Billion Cursor Acquisition Weighs on Investors

SpaceX (NASDAQ: SPCX) fell 4.5% on Friday to $145.30, extending a retreat from the June high of $225.64, as investors weigh dilution from the reported $60 billion all-stock acquisition of AI code editor Cursor against a Bloomberg analyst target of $800.