SpaceX stock price drops after Cursor purchase. How low could it go?

Following SpaceX's IPO on June 12 — the biggest in history, which made Elon Musk a trillionaire — the stock price dipped just days later when the company announced the acquisition of AI coding agent Cursor. The initial price was $135, and reached over $170 the same day, Mashable reported. By Tuesday, June 16, it hit a high above $225, according to Forbes, but some of those gains were lost by Wednesday. The $60 billion deal between SpaceX and Anysphere, the startup behind Cursor, was