Australian SCX.ai shares jump on SpaceX partnership

Australia's SCX.ai shares rose 8.7% to A$0.25, on track for their biggest single-day gain since October 5. The AI computing infrastructure company said it has joined the SpaceX superintelligence partner network. The collaboration will first integrate SCX's AI models and tools into Cursor, SpaceX's newly acquired AI coding business. This could expand into a market partnership, under which SCX will develop plugins and connectivity tools to enable Grok products to run through SCX's sovereign AI infrastructure.