Market-Moving News for June 16th

Beam Global
Rackspace Technology, Inc.
SpaceX

Beam Global

BEEM

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Rackspace Technology, Inc.

RXT

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SpaceX

SPCX

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SPCX: 11% | SpaceX To Acquire Anysphere, The Parent Company Of AI Code Editor Cursor, At $60B Valuation In All-Stock Deal; Expected To Close In Q3

 

RXT: 31% | Rackspace Board Approves Workforce Realignment Strategy That Includes Cutting ~15% Of Its Global Headcount; Sees ~$75M-$85M In Annual Run-Rate Savings

 

BEEM: 45% | Beam Global Wins European Patent for Battery Cooling Technology

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