no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY
SpaceX approached AI coding startup Cognition for an acquisition in recent months; Cognition rejected the offer and is now in early talks to raise at a $40B valuation (up from $26B in May), insisting it is not for sale.
AI coding assistant Cursor was acquired by SpaceX for $60B last week, marking one of the largest private tech deals and validating the premium for AI developer tools.
SpaceX approached Cognition for a potential acquisition shortly after closing its $60B purchase of Cursor, signaling aggressive expansion into AI coding tools.