SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO

Plus more of TechCrunch's top stories to start your morning

View this email online in your browser  June 16, 2026 TechCrunch Top 3 SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO: The deal is supposed to help SpaceX's struggling AI division. The company told IPO investors it sees a $26 trillion addressable market in AI. Read More The US government's Anthropic models ban was never about an AI jailbreak: The Trump administration's decision that forced Anthropic to pull its latest cybersecurity models could be reactionary, retaliatory, or both, but the message is clear: The AI industry isn't immune from U.S. government interference. Read More SpaceX passes Amazon as valuation balloons to $2.7T: SpaceX's valuation has increased by $1 trillion since its shares started trading on Friday. Read More A message from Fidelity Your Pitch Isn’t the Only Thing Investors Are Evaluating.   Investors don’t just listen to what you say - they look at how your company operates. Is ownership clear? Do your numbers match your story? Can you answer follow-up questions without digging through spreadsheets? The Fundraise-Ready Startup Kit equips founders with the materials investors expect to see, before pressure is on. Because confidence in the room doesn’t come from slides. It comes from preparation.  Learn More Morning Must-Reads India orders temporary ban on Telegram over exam fraud concerns: The restrictions include a nationwide ban on Telegram until June 22 and a requirement to disable the app's message editing feature. Read More ChatGPT's market share slips below 50% for first time: The chatbot still remains the most popular AI assistant worldwide with over 1.1 billion monthly users, followed by Gemini with 662 million and Claude with 245 million. Read More Sundar Pichai faces boos, walkout at Stanford graduation ceremony over Google's Israel, ICE ties: AI is once again at the heart of a college graduation protest — this time for the technology's use in Google's defense contracts. Read More Meta's new ‘AI Mode’ on Facebook pulls from public info across its platforms: Meta announced Monday that it's rolling out a wave of new AI features on Facebook, the latest sign of the company's effort to catch up in the AI race and keep users more engaged on the platform. Read More Malaysia's AI agent-powered messaging app Respond.io raises $62.5M, eyes acquisitions: Respond.io, one of Malaysia startups to watch, uses AI agents to handle high volumes of customer inquiries and charges per convo, not per seat. Read More A message from PwC The next generation of tech companies is being built now.  From AI-native startups to next gen companies in industrials, healthcare and energy, today’s founders are navigating accelerated change and scaling faster than ever. PwC helps emerging companies prepare for growth through tailored audit, tax, and deals solutions. From fundraising and expansion to the public markets, be ready for what comes next.  Scale with confidence Last but Not Least This startup's super metals could soon be in military drones, luxury watches, and chef’s knives: Instead of heating metals, Foundation Alloy beats them into submission. The startup has raised $22 million to scale up production of its alloys. Read More Check out some of our other newsletters: StrictlyVC TechCrunch Events TechCrunch Mobility Want to adjust your daily newsletter schedule? You can do it right here Got a tip? Get in touch securely. Want to advertise on TechCrunch? advertise@techcrunch.com Has this been forwarded to you? Click here to subscribe to this newsletter. Unsubscribe Member Center Privacy Policy Copyright © 2026 TechCrunch Media LLC 501 2nd Street, Suite 650, San Francisco, CA 94107

Meta's new ‘AI Mode’ on Facebook pulls from public info across its platforms

Plus more of TechCrunch's top stories this afternoon

View this email online in your browser  June 15, 2026 TechCrunch Top 3 Meta's new ‘AI Mode’ on Facebook pulls from public info across its platforms: Meta announced Monday that it's rolling out a wave of new AI features on Facebook, the latest sign of the company's effort to catch up in the AI race and keep users more engaged on the platform. Read More SpaceX is public: Everything you need to know post-IPO: TechCrunch has followed SpaceX's start, struggles, and successes from the early days. And we're here for what happens next too. This package of SpaceX IPO coverage includes who stands to win (and maybe some who won't), pre-IPO deals, and what's tucked inside its S-1 registration document. Read More These are the countries moving to ban social media for children: Australia was the first country to issue a ban in late 2025, aiming to reduce the pressures and risks that young users may face on social media, including cyberbullying, social media addiction, and exposure to predators. Read More A message from PwC The next generation of tech companies is being built now.  From AI-native startups to next gen companies in industrials, healthcare and energy, today’s founders are navigating accelerated change and scaling faster than ever. PwC helps emerging companies prepare for growth through tailored audit, tax, and deals solutions. From fundraising and expansion to the public markets, be ready for what comes next.  Scale with confidence Afternoon Must-Reads The US government's Anthropic models ban was never about an AI jailbreak: The Trump administration's decision that forced Anthropic to pull its latest cybersecurity models could be reactionary, retaliatory, or both, but the message is clear: The AI industry isn't immune from U.S. government interference. Read More Fox to acquire Roku in $22B deal: Fox says the deal will create the third-largest television company in the United States. Read More The AI layoff wave is becoming a powder keg: At the very moment that tens of thousands of workers are being shown the door, a small cohort of AI insiders is becoming wealthy on a scale that's hard to comprehend. Read More A satellite just learned to find things on its own — here's what that means: In April, for the first time ever, an Earth observation satellite found what it was looking for, all on its own. Read More Salesforce acquires AI customer service platform Fin for $3.6B: Salesforce says it wants to use Fin's team and technology to improve Agentforce, its existing enterprise platform that businesses can use to build custom AI agents that automate tasks. Read More Last but Not Least UK unveils sweeping social media ban for users under 16: The ban would apply to a range of social media platforms, including Snapchat, TikTok, YouTube, Instagram, Facebook, and X. Read More Check out some of our other newsletters: StrictlyVC TechCrunch Events TechCrunch Mobility Want to adjust your daily newsletter schedule? You can do it right here Got a tip? Get in touch securely. Want to advertise on TechCrunch? advertise@techcrunch.com Has this been forwarded to you? Click here to subscribe to this newsletter. Unsubscribe Member Center Privacy Policy Copyright © 2026 TechCrunch Media LLC 501 2nd Street, Suite 650, San Francisco, CA 94107