{"id":33908,"date":"2026-06-30T04:30:00","date_gmt":"2026-06-30T09:30:00","guid":{"rendered":"https:\/\/www.ecoticias.com\/en\/?p=33908"},"modified":"2026-06-29T17:40:20","modified_gmt":"2026-06-29T22:40:20","slug":"spacexs-valuation-keeps-rocketing-raising-eyebrows-about-how-high-a-private-company-can-fly-before-gravity-bites","status":"publish","type":"post","link":"https:\/\/www.ecoticias.com\/en\/spacexs-valuation-keeps-rocketing-raising-eyebrows-about-how-high-a-private-company-can-fly-before-gravity-bites\/33908\/","title":{"rendered":"SpaceX\u2019s valuation keeps rocketing, raising eyebrows about how high a private company can fly before gravity bites"},"content":{"rendered":"\n

What does a rocket company buying an AI coding tool have to do with the environment? More than it may seem at first glance. SpaceX has agreed to acquire Anysphere, the San Francisco company behind Cursor, in a $60 billion all-stock deal that pushes Elon Musk\u2019s company even deeper into artificial intelligence<\/a>.<\/p>\n\n\n\n

The headline number is huge, but the bigger story may be the infrastructure behind it. AI does not float in the cloud like magic. It runs on chips, data centers, cooling systems, power lines, water supplies, and land, the kind of physical footprint that increasingly shows up in grid planning and, eventually, maybe even on the electric bill.<\/p>\n\n\n\n

SpaceX buys its way deeper into AI<\/h2>\n\n\n\n

According to SpaceX\u2019s SEC filing, the company, a subsidiary called X67 Inc., and Anysphere entered into a merger agreement on June 16, 2026. Cursor is expected to become a wholly owned subsidiary of SpaceX, though the deal still depends on closing conditions that include regulatory approvals.<\/p>\n\n\n\n

Cursor has become one of the best-known AI coding assistants, used by software developers to write and revise code faster. That makes it valuable not only as a product, but also as a doorway into enterprise AI, where businesses are paying real money for tools that can save time on everyday technical work.<\/p>\n\n\n\n

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The acquisition is expected to close in the third quarter of 2026.SpaceX said it will pay the consideration in Class A common stock, based on Cursor\u2019s implied equity value of $60 billion.<\/p>\n\n\n\n

\"A
A Falcon Heavy launch captures the scale and momentum behind SpaceX as investors push the company deeper into the AI race.<\/figcaption><\/figure>\n\n\n\n

A market frenzy followed<\/h2>\n\n\n\n

The move came days after SpaceX\u2019s record-setting public offering<\/a>. Reuters <\/em>reported that underwriters exercised a \u201cgreenshoe\u201d option, lifting IPO proceeds to $85.7 billion after the company initially raised $75 billion by selling shares at $135 each.<\/p>\n\n\n\n

Investors piled in quickly. The Guardian<\/em> reported that SpaceX briefly overtook Amazon in market value, reaching as high as $2.97 trillion during trading before easing back near the close.<\/p>\n\n\n\n

Not everyone sees the surge as a clean reflection of fundamentals. Eric Clark of Accuvest Global Advisors warned that \u201cmomentum\u201d and retail enthusiasm were driving the valuation, while Steve Sosnick of Interactive Brokers described \u201ca sort of mania around AI and anything that can benefit from AI spending.\u201d<\/p>\n\n\n\n

The power problem behind AI<\/h2>\n\n\n\n

Here is where the environmental angle comes in. The International Energy Agency<\/a> (IEA) says data centers accounted for about 1.5% of global electricity consumption in 2024, or 415 terawatt-hours. By 2030, that figure is expected to more than double to about 945 terawatt-hours, slightly more than Japan\u2019s total electricity use today.<\/p>\n\n\n\n

That is not just an abstract number on a chart. AI-focused data centers<\/a> can use as much electricity as power-intensive factories, and they tend to cluster in specific places. When one region absorbs that much new demand, the pressure can land on local grids, transmission planning, and household affordability.<\/p>\n\n\n\n

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In the United States, the IEA says data centers accounted for the largest share of global data center electricity use in 2024. The agency also expects U.S. data centers to account for nearly half of the country\u2019s electricity demand growth between now and 2030.<\/p>\n\n\n\n

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