SpaceX Acquires AI Start-Up Cursor for $60 Billion Amid Share Surge
Elon Musk's SpaceX purchases Cursor for $60bn just after a record IPO, elevating its market value and overtaking Amazon.
Michael Johnson | 2026-06-16
Latest Wire
Business
Jun 16, 14:51
SpaceX Acquires AI Start-Up Cursor for $60 Billion Amid Share Surge
Elon Musk's SpaceX purchases Cursor for $60bn just after a record IPO, elevating its market value and overtaking Amazon.
Cryptocurrency & Web3
Jun 16, 14:51
Bitcoin Dips Below $67K as Oil Prices Slide Amid US-Iran Peace Talks
Bitcoin retreats to $66K, diverging from rising stocks, as oil prices drop below $78 amid optimism for US-Iran peace negotiations.
Business
Jun 16, 02:35
Thames Water Faces Increasing Pressure as Government Rejects Rescue Plan
Thames Water inches closer to nationalisation as government dismisses lenders’ rescue deal citing consumer and environmental concerns.
Business
Jun 15, 09:10
Oil Prices Plummet as US-Iran Deal Sparks Market Surge
Oil prices drop sharply after US and Iran agree on a framework deal, reigniting global markets and hopes for stabilizing the Strait of Hormuz.
Cryptocurrency & Web3
Jun 15, 09:10
Bitcoin Climbs Toward $66K Following Trump’s Iran Peace Declaration
Bitcoin surges to near $66,000 as Trump announces peace agreement with Iran, signaling a shift in geopolitical dynamics and investor sentiment.
Business
Jun 14, 17:50
UK and Japan Forge Landmark £18 Billion Investment Pact
The UK and Japan secure an £18bn deal focusing on infrastructure and wind energy, strengthening economic ties amidst challenges.
