SpaceX stock extends post-IPO rally, up 17% on $60B Cursor merger (SPCX:NASDAQ)
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SpaceX stock has continued to rise, increasing by 17% after the company's initial public offering. The surge is reportedly linked to a planned $60 billion merger with Cursor, an ai coding startup. The stock's rally has also been fueled by a frenzy of options trading in its third day of trading.