SpaceX shares rise 11 percent

Shares of SpaceX jumped 11% after praise from Wall Street for its capabilities in artificial intelligence, with investors showing enthusiasm for its advanced technological strategy. This surge follows a report from Morgan Stanley confirming that the market is undervaluing the company's AI platform, along with Elon Musk's statements about launching the AI model "Grok 4.7." The company stands out as a vertically integrated tech giant, merging data, infrastructure, and AI models, with expectations that revenue from the Cursor platform could reach $8 billion by the end of the year and expand to $33 billion by 2030.

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