3 hours ago
SpaceX is acquiring AI coding company Cursor in a $60 billion all-stock deal.
Bill Ackman said ****** eX's mega-valuation allows it to do M&A without worrying about dilution.
SpaceX's M&A potential is an "important component" of the company's value, Ackman said.
Just days after its blockbuster IPO, ****** eX announced it's acquiring Cursor in a $60 billion deal.
Bill Ackman — the billionaire founder of Pershing Square Capital Management — says ****** eX's massive public valuation is helping it do M&A, which he sees as a major piece of the company's growth story.
Bill Ackman said ****** eX's mega-valuation allows it to do M&A without worrying about dilution.
SpaceX's M&A potential is an "important component" of the company's value, Ackman said.
Just days after its blockbuster IPO, ****** eX announced it's acquiring Cursor in a $60 billion deal.
Bill Ackman — the billionaire founder of Pershing Square Capital Management — says ****** eX's massive public valuation is helping it do M&A, which he sees as a major piece of the company's growth story.
