SpaceX’s low-float stock as acquisition currency

Using newly public, retail-inflated, low-float equity to buy Cursor would let SpaceX acquire a real business while effectively selling into IPO demand before lockups expire

This is brilliant corporate finance. Use your newly printed, low float, retail inflated currency to acquire real businesses ahead of the lockup expiring. Probably the most creative/accretive way to sell as much equity as possible into IPO p
Ranked #5 on backlist 2026-06-16 (16 Jun 2026 UTC) · by (Quinn Thompson) ·

How it ranks: Backlist reads my Twitter/X timeline, scores every tweet for substance with an LLM rubric (not engagement), and publishes the daily top picks with a one-line takeaway. Curated by Surya Dantuluri.