SpaceX’s Dual-Front Assault: Record-Breaking Inclusion in Nasdaq 100 and Cursor Partnership Disrupt AI Landscape

SpaceX (Space Exploration Technologies Corp.) has captured intense market fascination since its market debut. On July 7, 2026, the company made history in the capital markets by securing a spot in the Nasdaq 100 index. Just a day later, on July 8, 2026, it dropped yet another bombshell—this time in the field of artificial intelligence.

I.  A 15-Day Milestone: SpaceX Joins Nasdaq 100 in Record Time, Triggering $4.3 Billion Buy Order "On the Launchpad"

On July 7 (local time), SpaceX was officially added to the Nasdaq 100 Index. Having launched its IPO on June 12 at an offering price of $135, SpaceX took a mere 15 trading days to gain inclusion, shattering the record for the fastest index entry in Nasdaq 100 history.

This "warp-speed" milestone was made possible by a fast-track rule introduced by Nasdaq in May, specifically tailored for mega-cap IPOs, which eliminated the previous requirement of a minimum three-month waiting period.

II.  Joining Forces with Cursor on New Model, SpaceXAI Takes Aim at Anthropic and OpenAI

While making waves in the capital markets, Elon Musk’s AI empire has concurrently secured a vital strategic foothold.

According to an internal memorandum obtained by The Information, SpaceXAI—the aerospace firm's artificial intelligence division—and top-tier AI-powered coding platform Cursor plan to jointly release their first co-developed large AI model as early as Wednesday (July 8).

The release was reportedly delayed previously as both parties sought to further optimize operational efficiency. The memo notes that the new model demonstrates exceptional information processing speeds, matching the capabilities of Anthropic's Opus 4.8 and OpenAI's GPT-5.5 across several key benchmarks.

The timing of this release coincides with SpaceX’s ongoing efforts to acquire Cursor in an all-stock transaction valued at $60 billion. This acquisition is seen as a pivotal move to accelerate the integration of Musk’s broader AI portfolio, addressing gaps in AI programming tools while mounting a direct challenge to the current market dominance held by Anthropic and OpenAI.

III. How to Trade SpaceX Stock on uSMART

For investors looking to gain exposure to SpaceX, trading is available via the uSMART HK mobile application. The step-by-step process is as follows:

• Step 1: Log into the app and tap the "Search" icon in the top right corner.
• Step 2: Enter the ticker symbol US to access the stock profile page, where you can review historical performance and detailed market data.
• Step 3: Tap "Trade" in the bottom right corner, select your preferred order type, fill in your execution parameters, and submit the order.
• (Image Source: uSMART HK app)