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Why did SpaceX spend $60 billion to buy Keirser
SpaceX announced that it has acquired Kirsar, a company specializing in developing AI programming tools, in a deal valued at up to $60 billion, following Kirsar's successful IPO on the U.S. stock exchange. This acquisition aims to enhance the company's capabilities in artificial intelligence, especially after it previously acquired XAI. The company has achieved significant success in raising funding, reaching $2.3 billion by the end of 2025, despite aiming for even larger financing rounds. As a result, SpaceX's market value increased by $247 billion, with its share price rising from $135 to $211.
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