On August 14, SpaceX fell 3.26% in regular trading, trading at $136.905/share with turnover of $3.898 billion. The stock had previously rallied approximately 35% from its recent low before pulling back on the session.

On the news front, SpaceX's $60 billion all-stock acquisition of Anysphere, Inc. (Cursor) officially became effective on August 14. According to regulatory filings, all outstanding Cursor common and preferred shares were converted into approximately 389.3 million SpaceX Class A common shares. Additionally, approximately 29.1 million restricted stock units and 44.4 million stock options were assumed and converted, resulting in significant share dilution. The transaction represents the largest M&A deal since SpaceX's June IPO and one of the largest tech acquisitions in history.

The merger marks SpaceX's deepening push into the AI coding space to compete with Anthropic and OpenAI. The Cursor team will gain access to SpaceX's advanced AI chip resources. However, the immediate market reaction reflects investor concerns over the substantial equity dilution from the all-stock structure, compounded by options market activity where institutional-scale bearish positioning had already been building in recent sessions.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)