SpaceX to buy AI coding assistant Cursor for $60 billion
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
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The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
Juan Hernandez, a former SpaceX employee, owns 6,500 company shares. On the first day of public trading, his wealth ballooned by $1,046,175.
Elon Musk became the world's first trillionaire on Friday after SpaceX executed the largest IPO in stock market history.
SpaceX's market debut made Elon Musk a trillionaire on Friday. The company has also minted thousands of new millionaires. Jo Ling Kent reports.
SpaceX officially went public on Friday, making history as the largest initial public offering of all time and making Elon Musk a trillionaire. Also on Friday, the Justice Department gave the green light for a merger between CBS News' parent company, Paramount Skydance, and Warner Bros. Discovery. Jo Ling Kent has more.
SpaceX launched onto Wall Street on Friday with the largest initial public offering in history. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
SpaceX officially became the world's largest IPO ever on Friday, but the way it got there took a less-than-conventional road. A Politico report drew parallels between Elon Musk's handling of his market debut and President Trump's executive orders. Yasmin Khorram, Politico tech and economic policy reporter, joins CBS News to discuss.
SpaceX's stock closed the day at $160.95 after making its debut on the Nasdaq exchange.
Iran's top diplomat says deal "has never been closer"; FISA surveillance set to expire despite new intelligence chief pick.
The U.S. Men's National Soccer team will play its first match of the 2026 FIFA World Cup on Friday night, taking on Paraguay in Southern California. CBS News correspondent Nicole Valdes reports from Los Angeles.
The SpaceX CEO's fortune on paper now rivals the annual economic output of many countries, according to World Bank data.
Elon Musk is now the world's first trillionaire after the SpaceX IPO on Friday. CBS News' Kelly O'Grady reports.
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
Residents near SpaceX's South Texas campus have mixed opinions about Elon Musk's company and its plans to expand operations. CBS News' Jason Allen reports from Starbase, Texas.
Elon Musk's SpaceX began trading as "SPCX" on Friday after completing the largest initial public offering in history. The IPO launch has made SpaceX's CEO, already the world's richest person, a trillionaire. Asset TV's Kristin Myers joins CBS News with her take.
Since Elon Musk's SpaceX first broke ground on Starbase in 2014, the city of Brownsville, Texas, says its population has grown by more than 10,000 people. Jason Allen looks at how the company has impacted the local economy.
A former SpaceX welder, who still holds shares in the company, talks with CBS News about how he got involved in the company and the impact of SpaceX going public. Jo Ling Kent reports.
SpaceX's highly anticipated IPO could make thousands of former and current workers millionaires. CBS News' Jo Ling Kent reports.
Elon Musk's SpaceX will soon be a publicly traded company, and Americans are weighing the risk of investing in the revolutionary company. Puck's William Cohan joins CBS News with more insight.
Tom Mueller, Elon Musk's first hire at SpaceX, expects the company's IPO to help power a new era in space exploration.
SpaceX is set to go public on Friday in what's expected to be the largest IPO in history, a move that could make Elon Musk a trillionaire and create thousands of new millionaires inside the company. Jo Ling Kent reports.
The producer price index came in much higher than expected in May, signaling that U.S. consumers may face more inflation in the coming months. CBS News' Kelly O'Grady explains.
Investors are preparing for SpaceX, Anthropic and OpenAI to go public as the markets brace for the AI era. Emily Chang, the host of Bloomberg's "The Circuit," joins CBS News with more.
SpaceX is setting aside a large chunk of shares for ordinary investors as it seeks to raise a record $75 billion. Here's what to know.
Splashy initial public offerings often skyrocket early on, only to return to earth with a thud, Wall Street analysts say.
The appearance was a rare face-to-face meeting between U.S. and Iranian officials as they launched a 60-day sprint to negotiate over the fate of Iran's nuclear program.
Most suspect Iran nuclear program not stopped and think conflict wasn't worth the costs.
British Prime Minister Keir Starmer is facing a crucial decision: step down or fight a leadership challenge from Labour Party rival Andy Burnham.
Democratic Rep. Jason Crow of Colorado said he's worried that "Americans are at risk" with Bill Pulte serving as the top intelligence chief.
An American Airlines passenger allegedly bit a fellow flyer and was "trying to fight everybody" on a Sunday flight, a pilot said.
As guaranteed in the 14th Amendment, citizenship is granted to "all persons born or naturalized in the United States." But an executive order signed by President Trump seeks to deny birthright citizenship to children born of parents in the country illegally or temporarily.
Temperatures are expected to reach 104 degrees Fahrenheit in some areas of France and Spain.
Trump has appeared during the Iran war to lose patience with Israeli Prime Minister Benjamin Netanyahu, who may now find himself "stuck."
President Trump claims the problems with the Reflecting Pool in Washington are due to vandalism.
On this "Face the Nation with Margaret Brennan" broadcast, U.N Ambassador Mike Waltz, Republican Sen. Lindsey Graham and Democratic Rep. Jason Crow join Margaret Brennan.
Democratic Rep. Jason Crow of Colorado said he's worried that "Americans are at risk" with Bill Pulte serving as the top intelligence chief.
An American Airlines passenger allegedly bit a fellow flyer and was "trying to fight everybody" on a Sunday flight, a pilot said.
GOP Sen. Lindsey Graham of South Carolina said he expects a diplomatic solution with Iran to fail, though he noted that he would "rather try diplomacy than take it off the table."
The political commentator talks about the need to mentor young boys whose fathers are absent or passed, and how the organization Son of a Saint helps transform the lives of fatherless boys.
Most suspect Iran nuclear program not stopped and think conflict wasn't worth the costs.
The temporary discount applies to eligible federal Direct Loan borrowers who use automatic payments.
Kalshi has enlisted Lionel Messi and Timothée Chalamet as prediction markets compete to attract new users and cement their place in the mainstream.
Matthew Ankrum wanted to build wealth for his daughters and teach them about financial stability. A new book shares how.
Juneteenth will affect banking, mail service and financial markets, although retailers and restaurants are largely staying open.
On this "Face the Nation with Margaret Brennan" broadcast, U.N Ambassador Mike Waltz, Republican Sen. Lindsey Graham and Democratic Rep. Jason Crow join Margaret Brennan.
Democratic Rep. Jason Crow of Colorado said he's worried that "Americans are at risk" with Bill Pulte serving as the top intelligence chief.
U.S. Ambassador to the United Nations Mike Waltz said the Trump administration is "laser focused" on addressing Iran's nuclear program in an interview on "Face the Nation with Margaret Brennan."
The following is the transcript of the interview with Democratic Rep. Jason Crow of Colorado that aired on "Face the Nation with Margaret Brennan" on June 21, 2026.
The following is the transcript of the interview with Republican Sen. Lindsey Graham of South Carolina that aired on "Face the Nation with Margaret Brennan" on June 21, 2026.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
In 1970, about 1 in 20 children were affected by obesity; today, it's 1 in 5. Dr. Jonathan LaPook looks at programs aimed at helping kids (and their families) get healthy the old-fashioned way, by eating right and exercising.
In 1970, about 1 in 20 children were affected by obesity; today, it's 1 in 5, with diet and exercise both key factors in the increase. CBS News chief medical correspondent Dr. Jonathan LaPook looks at programs aimed at helping kids get healthy the old-fashioned way, by eating right and exercising, while helping decrease the risk of problems tied to obesity later in life, such as diabetes, heart disease, and even cancer.
An app notification informed Joe Gillette that he had been diagnosed with aggressive, late-stage cancer.
Steve Hartman goes "On the Road" with a story of a teen battling for his life and the doctor who made him a promise.
U.S. Ambassador to the United Nations Mike Waltz said the Trump administration is "laser focused" on addressing Iran's nuclear program in an interview on "Face the Nation with Margaret Brennan."
The following is the transcript of the interview with Democratic Rep. Jason Crow of Colorado that aired on "Face the Nation with Margaret Brennan" on June 21, 2026.
The following is the transcript of the interview with Republican Sen. Lindsey Graham of South Carolina that aired on "Face the Nation with Margaret Brennan" on June 21, 2026.
The following is the transcript of the interview with Mike Waltz, U.S. ambassador to the United Nations, that aired on "Face the Nation with Margaret Brennan" on June 21, 2026.
British Prime Minister Keir Starmer is facing a crucial decision: step down or fight a leadership challenge from Labour Party rival Andy Burnham.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
John Mulaney says he grew up feeling that comedy was his destiny. The Emmy Award-winning standup comedian and former "Saturday Night Live" writer talks with correspondent Tracy Smith about how he deals with sobriety today (and about a 2020 intervention which he describes as "star-studded"), and how fatherhood – along with his wife, actress Olivia Munn – has changed his outlook. (An earlier version of this story originally aired March 9, 2025.)
Édouard Manet, a towering figure of Impressionist art, was also a mentor to Berthe Morisot, a female painter who's remained largely in Manet's shadow, until now. The two, whose friendship led to changes in both of their artistic styles, are the subjects of an exhibition currently at the Cleveland Museum of Art. Correspondent Lee Cowan pays a visit.
"Sunday Morning" remembers some of the notable figures who left us this week, including famed TV sitcom director James Burrows, the co-creator of "Cheers."
Singer, musician, and Grammy-winning music producer Shooter Jennings is keeping alive the legacy of his late father, country star Waylon Jennings, by producing long-lost material that he found stashed away. Hear music from the upcoming album "Diamonds."
The recall follows multiple incidents in which Waymo robotaxis drove past ramp-closure signs and into freeway construction zones.
A Pew survey shows 40% of Americans think AI's future impact will be negative. MIT Sloan professor Eric So joins CBS News with more details.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
When parents and educators in Greystones, Ireland saw children dealing with increasing anxiety, they acted – and took phones out of the equation.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Seahorses are unique ocean inhabitants with a head like a horse, a pouch like a kangaroo, a tail like a monkey, and the ability to camouflage themselves like a chameleon. They also exhibit an unconventional gender dynamic, in that the males do the work of carrying around fertilized eggs. Correspondent Conor Knighton goes in search of these fascinating fish – and their equally fascinating cousins, seadragons – at the Birch Aquarium at the Scripps Institution of Oceanography in California.
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
David Pearce was convicted of first-degree murder for the deaths of Christy Giles and Hilda Marcela Cabrales after a night of partying in Los Angeles. He was also found guilty of raping seven other women who came forward to testify at his trial.
John Alite, 63, was once the top enforcer for the Gotti crime family and a longtime member of the Gambino family.
Lawyers for Luigi Mangione have withdrawn their plan to pursue a psychiatric defense in his New York state murder trial over the killing of UnitedHealthcare CEO Brian Thompson. CBS News legal contributor Jessica Levinson breaks down the decision.
Actress Emaa Hussen, who played alongside Jason Statham in "Redemption," is accused of trying to smuggle 700 pounds of methamphetamine into Australia.
A CBS News analysis of the released Epstein files shows what documents appear to be absent. CBS News' Vlad Duthiers has more on the search for answers surrounding the case against convicted sex offender Jeffrey Epstein.
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
This week on "Face the Nation with Margaret Brennan," as the U.S. and Iran launch delicate diplomatic talks, U.N. Ambassador Mike Waltz joins, along with GOP Sen. Lindsey Graham and Democratic Rep. Jason Crow.
Missed the second half of the show? Democratic Rep. Jason Crow discusses national security, and Kevin Book and Amos Hochstein break down the U.S.-Iran deal's impact on energy. Plus, CBS News' Anthony Salvanto discusses new polling on the Iran war.
On "Face the Nation with Margaret Brennan," energy analyst Kevin Book says it could take "a while" for gas prices to return to pre-Iran war levels, pointing to uncertainty and depleted oil reserves. And Biden-era adviser Amos Hochstein discusses how the U.S.-Iran deal could impact Iranian oil revenue.
CBS News Executive Director of Elections and Surveys Anthony Salvanto breaks down new polling on the Iran war, which most Americans wanted to end but few believe was worth the cost, on "Face the Nation with Margaret Brennan."