Brought to you by
Top stories today:
- SpaceX hits $2.65T, becomes worldโs 5th-largest company
- Snap unveils $2,195 โfully standaloneโ AR glasses with 51-degree FoV
- Fed seen holding rates as markets eye Warsh
- Z.aiโs GLM-5.2 debuts as the top open-weights AI model
- Appleโs AI camera AirPods slated for 2027
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayโs newsletter (beware of hallucinations):
1. SpaceX hits $2.65T in market value, becomes worldโs 5th-largest company
SpaceX has surpassed Amazon, as its post-IPO rally reached 49%:
Only ~4.2% of shares were freely tradable at debut, helping fuel continued buying pressure.
A $60B agreement to acquire Cursor was announced by SpaceX on Tue.
Q3 2026: the deal is expected to close; otherwise, SpaceX would owe a $4B-$10B termination fee.
Tue.: SpaceX closed +5% after rising ~12% intraday and briefly overtaking Microsoftโs $2.93T market cap.
SpaceX generated $18.7B in revenue in 2025, versus Microsoftโs $281.7B and Amazonโs ~$717B
If you're already using Claude or ChatGPT for complex work, you know the drill: you feed it research docs, spreadsheets, project briefs... and then manually copy-paste meeting notes to give it the full picture.
What if your AI could just access your meeting context automatically?
Granola's new Model Context Protocol (MCP) integration connects your meeting notes to your AI app of choice.
Ask Claude to review last week's client meetings and update your CRM. Have ChatGPT extract tasks from multiple conversations and organize them in Linear. Turn meeting insights into automated workflows without missing a beat.
Perfect for engineers, PMs, and operators who want their AI to actually understand their work.
Try the MCP integration for free here or use the code BAYAREATIMES
*Sponsored.
3. Snap unveils $2,195 โfully standaloneโ AR glasses with 51-degree FoV, prescription support
Shipping this fall in the U.S., UK, and France.
Available in 47mm and 52mm sizes, weighing 132g and 136g, respectively.
Both lenses can display content.
Powered by 2 Snapdragon processors.
Up to 4 hours of battery life, with a charging case extending usage to 20 hours.
Fortune 500 CEOs donโt wait and see whenย eye bags start showing up. They fix the problem fast, before it becomes the new normal.
Thatโs whyย Particle Anti-Aging Face Creamย sold out so quickly once the executive crowd discovered it. Itโs a 6-in-1 anti-aging solution built for men, targeting eye bags, wrinkles, and dark spots with a powerful blend of 12 high-grade ingredients.
If you want thatย sharper, younger lookย that signals energy and authority, this is the move.ย Use code BAY20 for 20% offย and free shipping before it sells out again.
*Sponsored.
5. Fed seen holding rates as markets eye Warsh
