SpaceX passes Amazon as valuation balloons to $2.7T | TechCrunch
… Tuesday’s stock price jump came after SpaceX announced it is acquiring AI coding startup Cursor in an all-stock deal worth $60 billion. …
… Tuesday’s stock price jump came after SpaceX announced it is acquiring AI coding startup Cursor in an all-stock deal worth $60 billion. …
… The deal values Cyera at 80 times its ARR, a multiple that’s even higher than investors assign to many fast-growing AI startups. …
… We’ve seen some discussion on X that this deal could amount to OpenAI holding about 2% equity should a startup hit a $100 million valuation, though without seeing the actual terms, we can’t verify that. For OpenAI, the deal works on two levels. …
… Certainly Anthropic’s Claude Code, OpenAI’s Codex, and maybe even Google’s coding agent Jules after Google’s acqui-hire deal of Windsurf last year have captured a lot of it. …
… With this latest deal, Ripple will provide Flutterwave with the infrastructure to expand its digital asset offerings. …
… It made that investment at a $350 billion valuation — just one month before Anthropic raised a staggering $65 billion round that valued the company at nearly $1 trillion. This deal stands to help Anthropic hit those targets, because Lovable is one of Europe’s fastest-growing startups on record. …
… Investors, find your next deal faster Buy one Investor pass and get a second one for 50% off — a $499 savings . Connect directly with founders, access curated networking, and spend time where deal flow happens. …
… The round was led by deep tech fund Infinite Capital and Ribbit Capital, known for fintech and lately in hot deals everywhere — from AI coding startups like Cognition to neoclouds like Crusoe . …
… The deal comes despite a broader slowdown in fintech dealmaking. …