Can better snacks boost morale at Meta? From American Public Media, this is with a pledge to do better with company snacks.

Okay, that's not the only thing. We're digging into it on today's Marketplace Tech Bytes week in review.

Plus, the new AI-augmented reality smart glasses everyone's talking about, and not in a good way. But first, SpaceX is

acquiring the AI coding startup cursor a week after its IPO took off like a rocket. The company

hit a two and a half trillion dollar valuation at one point, though it's dropped a bit since then. To discuss all that,

we've got Peresh DeVay, senior writer at Wired. Seems that people are clearly buying and holding on,

at least for some period of time. The banks involved in the IPO exercise their option to buy

additional shares. There were more shares handed out to people who are

interested in the IPO. This is clearly what many people see has an overvalued stock, but it is Elon Musk,

and that's why people are buying in and wanting at least some piece of the action and willing to

hold on for the long term. I talked to a lot of

former SpaceX employees who have significant number of shares, and they were all saying,

I have no plans to sell in the immediate future. So the aim of the IPO raise money. I think

originally the target was around $75 billion. They're well above that with this new injection of cash.

The company is closing this deal that they sort of teased earlier this year. They bought the AI

coding startup cursor with a $60 billion all-stock deal. What does it look like the strategy

is here?

XAI, which is the AI lab that Elon Must started and then SpaceX bought, has been losing

people left and right.

Elon kind of cleaned house and tried to reset the strategy there earlier this year once

it merged into SpaceX.

So cursor brings in a new, you know, fresh talent that could help there.

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