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SpaceX aquired Cursor today!!
Recently they raised 75B$ at 1.5T valuation & all buyers are in profit
(The demand was 250B$ to buy from ipo)
After ipo they aquired cursor with 60B$
(An IDE with agent got that huge value!!)
When cursor will more powerfull & other company will invest into it,
the valuation will rise & the profit of SpaceX will be much so the value of $SPCX will more
Its called Ai bubble/loop actually where we are in!
You are buying something , then that something are buying more thing into same category & a bubble is created
You should remember how previously $NVDA , Oracle & $OPENAI did the same with a loop
-Nvidia invested at openAi(100B)
-OpenAi brought Nvidia chip with the money & brought cloud compute from oracle
Oracle brought Nvidia gpu to make OpenA data center
It made every stocks pump from the loop
We can say it " Infinite Money Glitch"
Will it blast?
or keep booming more?
Lets see...
Make ultra hd image for explaining This wide