{"id":1312661,"date":"2026-08-09T08:42:27","date_gmt":"2026-08-09T03:12:27","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1312661"},"modified":"2026-08-09T08:42:40","modified_gmt":"2026-08-09T03:12:40","slug":"elon-musk-about-to-acquire-3-year-old-cursor-for-rs-38-lakh-crore","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/elon-musk-about-to-acquire-3-year-old-cursor-for-rs-38-lakh-crore\/","title":{"rendered":"Elon Musk About To Acquire 3-Year Old Cursor For Rs 38 Lakh Crore"},"content":{"rendered":"\n<p><strong>SpaceX Targets Another Massive Valuation<\/strong><\/p>\n\n\n\n<p>SpaceX is reportedly nearing a new funding round that could value Elon Musk&#8217;s space company at around <strong>$400 billion<\/strong>, marking another extraordinary jump in its valuation.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"487\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/08\/Screenshot-2026-08-09-at-8.41.19-AM-1024x487.png\" alt=\"\" class=\"wp-image-1312667\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/08\/Screenshot-2026-08-09-at-8.41.19-AM-1024x487.png 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/08\/Screenshot-2026-08-09-at-8.41.19-AM-300x143.png 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/08\/Screenshot-2026-08-09-at-8.41.19-AM-768x365.png 768w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/08\/Screenshot-2026-08-09-at-8.41.19-AM-1536x730.png 1536w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/08\/Screenshot-2026-08-09-at-8.41.19-AM-2048x974.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The potential transaction would involve existing investors selling shares in the company, <a href=\"https:\/\/finance.yahoo.com\/technology\/ai\/articles\/spacex-reportedly-nears-60b-cursor-220153276.html?guccounter=1&amp;guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&amp;guce_referrer_sig=AQAAAASudeLXNEEjsQO1XnaYZqPuX1ET1Q7Qxy4eEV5pt1qquavg3vTm8-4WlS_2PT3vGty8x5JSSpyJvkxMwNCFK8Cg-7_BLdtk2WV9EXFJmq96ujiUYHFUhAHIX4ysmdw9MWnjt2a_Q8kBnZArNCuTygOhxBKdx0q0T5yS4Oosp9v4\">allowing them to cash out<\/a> while giving new investors an opportunity to gain exposure to SpaceX. The deal would further cement SpaceX&#8217;s position among the world&#8217;s most valuable private companies.<\/p>\n\n\n\n<p><strong>Secondary Share Sale At The Centre Of Deal<\/strong><\/p>\n\n\n\n<p>The reported transaction is structured around a <strong>secondary share sale<\/strong>, rather than simply raising fresh capital for the company.<\/p>\n\n\n\n<p>In a secondary sale, existing shareholders sell some of their holdings to new or other investors. This allows early investors and employees to realise part of the value they have built up without necessarily requiring SpaceX to issue a large amount of new stock.<\/p>\n\n\n\n<p>The reported valuation would represent a significant increase from SpaceX&#8217;s previous private-market valuations.<\/p>\n\n\n\n<p><strong>Starlink Is A Major Driver<\/strong><\/p>\n\n\n\n<p>A major factor behind SpaceX&#8217;s enormous valuation is <strong>Starlink<\/strong>, its satellite internet business.<\/p>\n\n\n\n<p>Starlink has rapidly expanded its network of low-Earth-orbit satellites and is serving customers across an increasing number of countries and markets. Its recurring subscription revenue gives SpaceX a commercial business alongside its rocket-launch operations.<\/p>\n\n\n\n<p>The growth of Starlink has also helped investors view SpaceX as more than a traditional aerospace company, with the satellite internet network providing the potential for substantial recurring revenue.<\/p>\n\n\n\n<p><strong>SpaceX&#8217;s Rocket Business Remains Crucial<\/strong><\/p>\n\n\n\n<p>SpaceX&#8217;s launch business continues to be another major part of its value.<\/p>\n\n\n\n<p>The company&#8217;s <strong>Falcon 9<\/strong> rockets have established a strong position in the commercial launch market, while the development of <strong>Starship<\/strong> could potentially transform the economics of space launches.<\/p>\n\n\n\n<p>Starship is designed to be fully reusable and substantially larger than Falcon 9, with ambitions that extend beyond conventional satellite launches.<\/p>\n\n\n\n<p><strong>One Of The World&#8217;s Most Valuable Private Companies<\/strong><\/p>\n\n\n\n<p>A valuation of around $400 billion would place SpaceX among the world&#8217;s most valuable private companies and put it at the centre of the global investment market.<\/p>\n\n\n\n<p>The reported funding activity also demonstrates the enormous investor appetite for exposure to companies combining artificial intelligence, satellite connectivity, space technology and large-scale infrastructure.<\/p>\n\n\n\n<p>For SpaceX, the valuation provides another indication of how investors are pricing the long-term potential of Starlink, reusable rockets and the broader commercialisation of space.<\/p>\n\n\n\n<p>Summary<\/p>\n\n\n\n<p>SpaceX is reportedly nearing a funding transaction that could value the company at around $400 billion. The deal is centred on a secondary share sale that would allow existing investors to sell holdings to new investors. Starlink&#8217;s growing satellite internet business, Falcon 9 launches and the future potential of Starship are major factors behind the company&#8217;s rapidly increasing private-market valuation.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.ndtvprofit.com\/business\/spacex-expands-ai-push-with-60-billion-acquisition-of-coding-agent-operator-cursor-11644090\">Image Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpaceX Targets Another Massive Valuation SpaceX is reportedly nearing a new funding round that could value Elon Musk&#8217;s space company at around $400 billion, marking another extraordinary jump in its valuation. The potential transaction would involve existing investors selling shares in the company, allowing them to cash out while giving new investors an opportunity to [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":1312667,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[10057,10374],"class_list":["post-1312661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-cursor","tag-space-x"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Elon Musk About To Acquire 3-Year Old Cursor For Rs 38 Lakh Crore - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/elon-musk-about-to-acquire-3-year-old-cursor-for-rs-38-lakh-crore\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk About To Acquire 3-Year Old Cursor For Rs 38 Lakh Crore - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"SpaceX Targets Another Massive Valuation SpaceX is reportedly nearing a new funding round that could value Elon Musk&#8217;s space company at around $400 billion, marking another extraordinary jump in its valuation. 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