Tech stocks today: SpaceX to buy Cursor, as it surpasses Tesla's market cap

SpaceX has officially surpassed Amazon to become the fifth-largest US company by market cap. This rapid ascent reflects shifting market dynamics and the role of innovation in redefining corporate hierarchies. Additionally, SpaceX is set to acquire Cursor, further expanding its reach as it also surpasses Tesla's market capitalization. These developments highlight a significant change in investor priorities and the company's growing dominance within the competitive landscape of the United States' largest corporate entities.