buys

In a stunner, Rams’ Stan Kroenke buys the Angels

Rams’ Stan Kroenke agrees to buy Angels

From Sam Farmer and Bill Shaikin: Rams owner Stan Kroenke has agreed to buy the Angels, adding Major League Baseball to a portfolio that spans six leagues and two continents.

The deal marks the end of Arte Moreno’s turbulent ownership of the Angels, with the news triggering shock followed by celebration among beleaguered fans whose team owns baseball’s longest playoff drought.

The transaction runs through Kroenke Sports and Entertainment, Kroenke’s holding company, which also owns the Denver Nuggets of the NBA, the Colorado Avalanche of the NHL, the Colorado Rapids of MLS and Arsenal of the English Premier League.

The Angels are being sold for an MLB-record $4-billion valuation, a person with knowledge of the deal not authorized to discuss it publicly told The Times. The previous high was the $3.9-billion sale of the San Diego Padres that was completed last month.

Forbes had valued the Angels at $2.8 billion in March. The sale is “subject to customary closing conditions” and MLB approval, with the expectation it will close in the first quarter of next year, according to a news release announcing the deal.

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Light the Big A! Stan Kroenke just made Angels fans big winners

Angels fans hold up signs on Tuesday thanking Kroenke Sports and Entertainment for buying the Angels from Arte Moreno.

Angels fans hold up signs on Tuesday thanking Kroenke Sports and Entertainment, led by Stan Kroenke, for buying the majority share of the Angels from Art Moreno.

(Mark J. Terrill / Ap Photo/mark J. Terrill)

From Bill Plachke: Whose house? Angels’ house!

To all you long-suffering Halos fans, light that baby up, because salvation is at hand.

His name is Stan Kroenke, and he’s Rams tough, and he’s just spent a record $4 billion to transform your slumbering baseball organization into something that dazzles like Matthew Stafford and dominates like Myles Garrett.

Kroenke, whose illustrious ownership of the Rams resulted in their move to Los Angeles, a $5.5-billion stadium, and a Super Bowl championship, has agreed to take control of the Angels’ carcass from Arte Moreno in the franchise’s best move since Darin Erstad caught that fly ball on Oct. 27, 2002.

This is huge. This is landscape altering. This is like Southern California just added an expansion team led by one of the best owners in sports.

For the Angels, currently the second-worst team in baseball and on track to finish a league-worst 12th consecutive season out of the playoffs, this is downright life changing.

Kroenke builds. Kroenke spends. Kroenke wins.

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Angels exuberant about Stan Kroenke buying the franchise

Mike Trout high fives teammates after scoring against the Houston Astros at Angel Stadium on July 29.

Angels star Mike Trout, center, was excited to learn Rams owner Stan Kroenke bought the majoirty share of the Angels.

(Joe Scarnici / Getty Images)

From Bill Shaikin: Mike Trout was practically beaming. He dropped the phrase “fresh start” four times in an interview that barely lasted five minutes.

The burden of the Angels’ failures has been disproportionately his to bear. He has insisted that his path to Cooperstown would run through Anaheim and only Anaheim. He has played 16 seasons for an owner that blessed him with half a billion dollars, treated his family like royalty and stranded him in position to conclude a star-spangled career without ever winning a postseason game.

On Tuesday, Trout learned that the Angels would have a new owner: Stan Kroenke. Trout got off the call, looked up Kroenke and has not stopped smiling since.

“What a track record,” Trout said. “Wherever he buys, he wins.”

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MORE ANGELS COVERAGE:

Arellano: Arte Moreno finally sells the Angels. Anaheim’s long nightmare is over

Shaikin: ‘A big day for Anaheim.’ Angels get a fresh start with Stan Kroenke, and much more

Yankees strike back, beat Angels on day Anaheim team sale is announced

Angels box score

MLB standings

Sluggish Dodgers open homestand with lopsided loss to Cardinals

Dodgers right fielder Kyle Tucker can't reach a fifth-inning homer by Cardinals shortstop Thomas Saggese.

Dodgers right fielder Kyle Tucker can’t reach a fifth-inning homer by Cardinals shortstop Thomas Saggese at Dodger Stadium on Tuesday.

(Robert Gauthier/Los Angeles Times)

From Maddie Lee: The Dodgers’ August woes followed them into the first day of September.

Roster expansion, returning three players from the injured list, the mental relief of turning the calendar page — none of that gave the Dodgers the boost they needed against the Cardinals on Tuesday.

Instead, the Dodgers lost 13-8 to a team that entered the day 4 ½ games out of the last National League wild-card spot.

“I just think tonight we just got behind the eight ball,” manager Dave Roberts said.

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Dodgers-Cardinals box score

MORE DODGERS

Will Smith and Dalton Rushing among Dodgers activated as rosters expand for September

Ignore the out-of-town trolls. Los Angeles sports fans are the nation’s best

USC fans brace for the heat before kickoff of the Trojans' game against San José State at the Coliseum on Saturday.

USC fans brace for the heat before kickoff of the Trojans’ game against San José State at the Coliseum on Saturday.

(Ronaldo Bolanos/Los Angeles Times)

From Bill Plaschke: The coach was mad. Sections of his home stadium were empty for a blowout win against an overmatched opponent, and he couldn’t understand why.

“I can honestly say I was a little disappointed there weren’t more students at the last game,” the coach said, adding, “There’s got to be a spirit that makes it special to play here, because that’s what makes it special to be here. And if that’s not here…”

Lincoln Riley after USC’s sparsely attended opener?

No, that was Nick Saban after a midseason home game between Alabama and Louisiana in 2018.

Hmmm. Empty seats even at the royal palace of the king of college football, huh?

There has been much similar chatter this week after the sports landscape witnessed a virtual ghost town at the USC opener against San José State Saturday at the Coliseum. There was an announced crowd of 51,444 but only about half that many showed up, immersing a national television audience in a giant bowl of empty red that left outsiders in a rage.

They called the Los Angeles sports fans a disgrace. They said they weren’t real sports fans. They whined so loudly on social media that USC embarrassingly felt compelled to issue a statement promising better turnouts.

“We understand the factors that impacted Saturday’s attendance,” read the statement. “We have high expectations and a premier home schedule this season, and we know the competitive advantage an electric Coliseum atmosphere can provide our program. We thank our fans who showed up Saturday and look forward to seeing increased attendance the rest of the season.”

With all due respect, I would like to issue a second statement to all you arrogant dummies spouting lazy cliches about a market you don’t understand.

Stick a foam finger in it.

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MORE USC NEWS:

Lincoln Riley defends USC amid criticism of season opener crowd

This day in sports history

1901 — Seven-year-old Ogden wins two races in a single day at Sheepshead Bay race track in Coney Island, New York. Ogden edges Cameron by a head in the second race on the card, a six furlong sprint on the main track. In the sixth race, a 1 1-16 mile distance on the turf, Ogden beats Monarka by a length.

1908 — Tommy Burns knocks out Bill Lang in the sixth round in Melbourne for his last successful defense of his heavyweight title.

1924 — Bill Tilden wins his fifth straight U.S. men’s singles title with a 6-1, 9-7, 6-2 victory over Bill Johnston.

1940 — Byron Nelson wins the PGA by beating Sam Snead 1-up at the Hershey Country Club in Pennsylvania.

1945 — Frank Parker wins the men’s singles title in the U.S. Lawn Tennis Association championships by beating Bill Talbert. Sarah Palfrey Cooke beats Pauline Betz for the women’s title.

1965 — Cubs slugger Ernie Banks hits his MLB 400th career HR (off Curt Simmons) in Chicago’s 5-3 win v St. Louis at Wrigley Field; Simmons also gave up Willie Mays’ 400th HR in 1963.

1970 — The tie-break debuts in Grand Slam tennis at the U.S. Open. A total of 26 tie-breaks (the nine-point sudden death tie-break) are played on the first day of the tournament. Bob McKinley and Ray Ruffels both win matches in fifth-set tie-breaks.

1971 — Sixteen-year-old Chris Evert wins the first of her record 101 U.S. Open matches, defeating Edda Buding, 6-1, 6-0, in 42 minutes. Jimmy Connors, playing on 19th birthday, comes back from a two-set deficit to beat Alex Olmedo for his first U.S. Open victory.

1984 — In his first NFL start, Atlanta’s Gerald Riggs rushes for 202 yards and scores two touchdowns as the Falcons beat New Orleans 36-28.

1991 — Jimmy Connors turns 39 years old and rallies from a 2-5 fifth-set deficit to defeat 24-year-old Aaron Krickstein, 3-6, 7-6, 1-6, 6-3, 7-6. The fourth-round Labor Day match lasts 4 hours and 41 minutes.

1995 — Frank Bruno wins a heavyweight championship in his fourth attempt registering a unanimous decision over Oliver McCall to take his WBC title in Wembley, England.

2001 — Michael Schumacher becomes the winningest driver in Formula One history, winning the Belgian Grand Prix for his 52nd career victory. Schumacher breaks the mark shared with Alain Prost and clinches his fourth world championship.

2004 — In a second-round match, Sargis Sargsian defeats Nicolas Massu, 6-7 (8), 6-4, 3-6, 7-6 (6), 6-4, in five hours and nine minutes. It’s the second-longest match on record at the U.S. Open and falls 18 minutes shy of breaking the record for longest match, set in 1992 when Stefan Edberg defeated Michael Chang in 5:26 in the semifinals.

2007 — Clay Buchholz throws a no-hitter in his second career start against the Baltimore Orioles.

2008 — Adrian Beltre goes 5 for 6 and hits for the cycle in a 12-6 Seattle Mariners win over the Texas Rangers.

Compiled by the Associated Press

This day in baseball history

1929 — Joe Cronin of the Washington Senators hit for the cycle in a 10-7 win against the Boston Red Sox at Fenway Park.

1937 — For the second time this season, two batters opened a game with home runs. Boze Berger and Mike Kreevich of the Chicago White Sox connected off Boston’s Johnny Marcum, en route to a 4-2 win over the Red Sox.

1944 — Dixie Walker of the Brooklyn Dodgers hit for the cycle and drove in four runs in an 8-4 win over the New York Giants at Ebbets Field.

1952 — Mike Fornieles of the Washington Senators, in his major league debut, pitched a one-hitter for a 5-0 victory over the Philadelphia Athletics in the second game of a doubleheader.

1957 — The Milwaukee Braves swept the Chicago Cubs, 23-10 and 4-0. Bob Hazle of the Braves got four hits in the first game and teammate Frank Torre scored six runs to tie the major league record.

1963 — Cincinnati’s Pete Rose hit a leadoff homer of Jay Hook to give the Reds a 1-0 win over the New York Mets in the second game of a doubleheader at the Polo Grounds.

1965 — Ernie Banks hit his 400th home run as the Chicago Cubs beat the St. Louis Cardinals 5-3 at Wrigley Field. The blow came off Curt Simmons in the third inning.

1971 — Cesar Cedeno’s 200-foot fly ball in the fifth inning fell for an inside-the-park grand slam home run as second baseman Jim Lefebvre and right fielder Bill Buckner of the Dodgers collided. The hit helped the Houston Astros beat Los Angeles 9-3.

1972 — Milt Pappas of the Chicago Cubs retired 26 consecutive San Diego Padres before walking pinch-hitter Larry Stahl on a 3-2 pitch. Pappas then retired Gary Jestadt to finish his 8-0 no-hitter.

1987 — Houston’s Kevin Bass went 4-for-4, including home runs from both sides of plate, and drove in three runs as the Astros posted a 10-1 victory over the Chicago Cubs.

1990 — Dave Stieb, who had lost three no-hit bids with one out to go in the previous two seasons, finally pitched one as the Toronto Blue Jays beat Cleveland 3-0. It was the record ninth no-hitter of the season.

1996 — Mike Greenwell set a major league record by driving in all nine Boston runs, the final one on a 10th-inning single to give the Red Sox a 9-8 victory over Seattle.

2001 — New York’s Mike Mussina came within one strike of pitching the first perfect game in the 89-year history of Fenway Park in a 1-0 win over Boston. Mussina’s bid was broken up by pinch-hitter Carl Everett’s clean single.

2002 — Miguel Tejada had his second straight game-ending hit as he singled home Terrence Long with the bases loaded in the ninth inning as Oakland tied the longest winning streak in AL history with a 7-6 victory over Kansas City. Oakland, which overcame a 5-0 deficit, equaled the 19 straight wins by the 1906 Chicago White Sox and the 1947 New York Yankees.

2003 — Eric Gagne set a major league record with his 55th consecutive save in Los Angeles’s 4-1 victory over Houston.

2009 — Alex Rodriguez picks up the 2,500th hit of his career as his Yankees defeat Baltimore, 10 – 2, to complete a sweep at Camden Yards. Eric Hinske‘s home run is the Bronx Bombers’ 20th at the park this season, the most by a visiting team since the ballpark opened in 1992. CC Sabathia earns his American League-leading 16th win.

2012 — Jurickson Profar made quite a debut at age 19, homering in his first major league at-bat and doubling his next time up in the Texas Rangers’ 8-3 win over Cleveland.

2015 — Clayton Kershaw strikes out 15 batters tying a career best and setting a new personal record of 251 for the season.

2022 — Yu Darvish reaches a rare milestone with a strikeout of Cody Bellinger in the 5th inning of the Padres’ 7 – 1 win over the Dodgers: this gives him 1,750 Ks in ten major league seasons, and this gives him 3,000 when the 1,250 he amassed in seven seasons in Japan are added. Among all pitchers who have struck out 1,000 or more batters on both sides of the Pacific Ocean, only Hideo Nomo has preceded Darvish in reaching the mark.

Compiled by the Associated Press

Until next time…

That concludes today’s newsletter. If you have any feedback, ideas for improvement or things you’d like to see, email Houston Mitchell at houston.mitchell@latimes.com. To get this newsletter in your inbox, click here.

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ITV expert’s Poundland ‘6 must buys’ including incredible £1 Heinz offer

She also explained which products people can get better deals on at supermarkets

An ITV consumer expert has highlighted six things everyone should buy in Poundland – including one food staple which is 44 per cent less. Grace Forell, who regularly appears on ITV’s This Morning, explained how people should not do their weekly shop in the high street discount store – but take advantage of some bargains.

She said the best value categories tend to be big brand toiletries and cleaning products. If you’re loyal to brands like Nivea, Head & Shoulders, Colgate, Flash, Astonish, Elbow Grease and added ‘you’ll often find Poundland is the best place to buy. ‘

However, she added: “It’s less impressive when it comes to snacks and store cupboard items, as you’ll often get a better deal at the supermarket on multi-buys. “

Six Poundland staples:

  • She said Flash cleaning spray is £2 in Poundland – and between £2.44 – £3.35 elsewhere – a potential saving of 40%
  • Astonish Sprays – white vinegar and mould and mildew stain remover are cheap there – average saving of around 30%
  • Big brand toiletries are good value – Grace highlighted a Nivea day cream for £2 – with it being £5,50 to £6 elsewhere – saving 65%.
  • Colgate toothpaste is normally cheaper at Poundland. Grace highlighted Max White Sparkle Diamonds toothpased currently “£2 – elsewhere it’s £2.33 – £3.75 – a saving of up to 47%.
  • Sure deodorant and Head and Shoulders shampoo usually a bargain
  • Heiz Baked Beans – single tin £1 – normally £.138 – £1.80 e;sewhere -a potential saving of 44%/ She added: “A single tin of Hienz beans for £1 is hard to come by and it’s one of Poundland’s standout bargains – but if you’re buying multipack, supermarkets are often better value.”
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She explained: “Remember, Poundland is less a place to do a full weekly show and more of a specialist bargain stop. It’s particularly good for branded toiletries with high supermarket mark-ups, cult cleaning products and specialist stain removers, a handful of pantry staples, and emergency top-ups that would cost more in a convenience store.”

Her golden rules:

  • Always check the unit price. A lower shelf price doesn’t mean better value if the pack is smaller (you sometimes see this at Poundland).
  • Don’t assume everything is cheaper. Chocolate, crisps and soft drinks are often better bought on supermarket loyalty offers.
  • Be wary of multipacks. Poundland sometimes wins on individual items, but supermarkets usually come out ahead on family-sized packs.
  • Stock up on genuine bargains. If you find a branded product you use regularly and it’s substantially cheaper, buying a spare makes sense.
  • You can pick up single tins of Heinz baked beans for £1 though – which is consistently the best price (per unit) around.
  • One thing is for sure: while it isn’t the place to do a full weekly shop, it offers much better value than most convenience stores.

For more articles, read Grace Forell on Substack for free here.

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Brit woman in Spain buys three-course meal in Tenerife but is floored by price

A British expat in Tenerife called Caitlin Camp has shared her honest verdict after trying a popular three-course meal at a restaurant on the Canary Islands, as the price left her floored

A woman has shared her honest verdict after trying a three-course meal in the middle of Tenerife, as the price left her floored.

Caitlin Camp, from Manchester, often takes to her social media pages to document and share her life in Tenerife, after having moved there from the UK with her husband, Mattie, and daughter. After living on the Canary Islands for a few years, the family-of-three often shares snippets of their life, including things to do in Tenerife and what life is like as business owners, owning multiple jewellery stores.

In one video, the family brought a friend to try a three-course meal from a restaurant that often goes viral on social media, due to how cheap it is.

“We’re in Tenerife, and we’re on the hunt for the three-course for a tenner menu,” Caitlin said at the start of the video.

As they arrived at the restaurant, called the Savoy, they noticed the offer was in fact €12.95 (£11) for a three-course meal, as she went on to show off the extensive menu available to read outside the restaurant.

“Oh, yum. There’s actually a few things I can see already,” she said as she was reading through the menu.

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Meanwhile, Mattie said he’d been looking at the Chinese side of the menu, which was a three-course oriental meal for €12.95 (£11), including a starter, a main with a noodle or rice dish, as well as a dessert.

For their starter, she and her friend opted for some garlic bread, while the man ordered the hot and spicy soup from the Oriental menu. The two women then also got Spaghetti Bolognese for their mains, while Mattie opted for egg fried rice with a curry-like dish to go with it.

After taking a bite, Caitlin said: “First impressions? It’s not terrible. It’s very much you get what you pay for.”

As they got their food, she also shared the kids meal for had come with a main, with her opting for a pizza for her daughter, as well as ice cream for dessert.

Meanwhile, the adults ordered chocolate cake, cheesecake, and ice cream for their desserts. Taking a bite from his cheesecake, Mattie said: “It’s something. It’s not cold. I thought it was gonna be cold. And it’s lukewarm.”

The chocolate cake wasn’t a hit for Caitlin either, as she took a bite and soon declared: “No, this isn’t for me. I’m not a fan of this.”

In total, for the three three-course meals and a kids meal, as well as their drinks, their dinner outing came to €72.87 (£61.97).

Despite the mixed reviews of the food, several people soon took to the comment section to share their thoughts, with one person saying: “Went there last year was €10.95 I think gone up a bit, 3 course for €12 is an absolute steal. And the foods not even that bad.”

“We always come here whenever we come to Tenerife. The food is okay and the staff are lovely,” a second person said, while a third viewer wrote: “Been loads of time cheap and well worth it.”

Someone else said: “The Chinese meal looked way better than the Bolognese.”

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DHS buys two California immigrant detention centers for $1.5 billion

The Department of Homeland Security bought two of the largest immigrant detention facilities in California for $1.5 billion, according to the private prison company that sold them.

The purchase comes as the department — flush with cash after Trump’s One Big Beautiful Bill Act infused the agency with $170 billion — has moved to scale up its capacity to detain immigrants without relying as heavily on private prison corporations.

In announcement Monday, the Tennessee-based CoreCivic said the sale of the 2,560-bed California City Detention Facility and the 1,994-bed Otay Mesa Detention Center in San Diego closed on July 2.

The company said it expects net proceeds of about $1.1 billion after income taxes and transaction expenses.

Ryan Gustin, public affairs director for CoreCivic, said such sales are not uncommon and that “the process was marked with rigor and integrity.” He added that the valuations were established through the federal government’s required appraisal process, using independent appraisers, who determined objective fair market value.

The sale doesn’t immediately change anything at the facilities — CoreCivic expects to continue managing them under existing contracts with U.S. Immigration and Customs Enforcement, according to the company and a filing with the Securities and Exchange Commission.

But the terms of those contracts could be modified given the change in ownership, the filing states. The California City facility contract expires in August 2027 and the Otay Mesa facility contract expires in December 2029, with the option to extend for another five years.

“We are pleased with the sales of these two mission-critical facilities for the Company’s government partner, which demonstrates the value of the Company’s underlying real estate portfolio, while reflecting our role as a long-term, flexible solutions provider to government,” CoreCivic CEO Patrick Swindle said in the announcement.

The Department of Homeland Security did not immediately respond to a request for comment.

During a quarterly earnings call in May, George Zoley, CEO of the GEO Group, another major private prison corporation, said that the company had been in discussions with ICE “regarding the potential sale of multiple facilities.”

Critics of the purchases of detention facilities say the Trump administration is simply looking to avoid state and local oversight by bringing them under federal ownership. That issue was raised during the GEO Group earnings call when a participant later asked why the federal government wants to own the facilities instead of contracting with third parties.

If the facilities are federally owned, Zoley replied, there are “more protections from unwarranted litigation that infringes upon the activities of the ICE processing centers.”

Zoley said federal ownership would bolster the legal defense of the facilities and the argument that “states can only have very limited involvement.”

“There’s been litigation regarding overseeing medical services, food services, general cleanliness, etc.,” Zoley continued. “It’s really unprecedented and I believe it’s fundamentally unconstitutional. As some blue states are considering more active involvement in oversight of facilities, I think the logical solution to much of that is federal ownership of the facilities.”

California tried to kick private detention operators out of the state, but the 2020 law was overturned in the Ninth Circuit Court of Appeals. Since then, state leaders have established oversight mechanisms through laws that allow for monitoring and investigation of detention centers by the California Department of Justice and local health authorities.

Asked to comment about the sale, Sen. Alex Padilla (D-Calif.) said his congressional oversight visits to facilities operated by CoreCivic have shown that immigrants who pose no public safety threat are being held in “unacceptable conditions.”

“Whether these facilities are operated by a private contractor or owned by the federal government, my expectations remain the same,” he said. “I will continue demanding transparency, accountability, and humane conditions that respect the dignity and rights of every person in immigration detention.”

Eight ICE detention facilities now operate in California, with a combined capacity to hold nearly 9,000 people.

The California City and Otay Mesa facilities have both been the subject of lawsuits by detainees alleging detainee mistreatment. CoreCivic calls such allegations unfounded and says it complies with all regulations concerning the treatment of detainees.

In its announcement on Monday, CoreCivic said the company is in discussions with ICE about potentially selling additional detention facilities, though it said those talks are in various stages and it’s unclear whether the sales will go through.

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SpaceX buys AI coding startup Cursor for $60bn as AI race with OpenAI and Anthropic intensifies

Published on Updated

SpaceX is pushing deeper into AI with its largest acquisition yet, striking a $60 billion (€51.7bn) all-stock agreement to buy Anysphere, the developer of the AI coding assistant Cursor.


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The purchase, announced on Tuesday, is intended to strengthen SpaceX’s position in the enterprise AI market, where rivals such as OpenAI and Anthropic have found early commercial traction.

Anysphere is a San Francisco startup that uses AI to automate large parts of software development, and its Cursor tool is widely used by programmers.

According to a regulatory filing, the two sides signed a merger agreement under which a SpaceX subsidiary, X67 Inc., will merge into Anysphere, leaving Cursor as a wholly owned subsidiary.

The merger is expected to close in the third quarter of this year, subject to regulatory approval.

The deal lands barely a week after Elon Musk’s company completed a blockbuster listing, and marks an aggressive move beyond rockets and satellites into enterprise AI software.

At the time of writing, SpaceX shares were trading a few cents below $200 in premarket trading, up more than 4% from Monday’s close and roughly 50% higher than its IPO price of $135.

Tuesday’s rally could see SpaceX overtake Amazon by market capitalisation if gains hold through the session.

The acquisition follows an option SpaceX secured in April, when it agreed to either acquire Cursor for $60 billion (€51.7bn) later in the year or pay $10 billion (€8.6bn) for a narrower partnership to provide compute.

Founded in 2022, Cursor has grown quickly, reporting roughly $2.6 billion (€2.2bn) in annualised business-to-business revenue, according to company data shared with Reuters this month.

The firm had previously raised more than $3 billion (€2.5bn) from backers including Nvidia and OpenAI.

SpaceX merged with Musk’s chatbot venture xAI in February, and this new deal could hand xAI a stronger position in AI-assisted coding, an area where it has trailed competitors, while giving Cursor access to far greater computing power.

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