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Thank God Investing is Fun (#TGIF) is a weekly article discussing relevant capital market events to educate and keep our audience up to date with capital market happenings. #TGIF is available on our website and socials every Friday at 5 pm.
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SpaceX to Acquire Cursor for US$60 Billion
SpaceX agreed to acquire AI coding startup Cursor in a US$60 billion all-stock transaction. The acquisition expands SpaceX’s AI software business and strengthens its position in enterprise AI tools. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra June 19 2026, at 16:30 GMT+7 SpaceX announced an agreement to acquire artificial intelligence (AI) coding startup Cursor in a US$60 billion all-stock transaction, marking one of th
6 days ago


Google Signs US$30 Billion Compute Deal with SpaceX
Google signed a US$30 billion deal with SpaceX for AI computing capacity through 2029. The deal secures approximately 110,000 Nvidia GPUs for Google. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra June 12 2026, at 16:30 GMT+7 Google signed an agreement to purchase artificial intelligence computing capacity from SpaceX in a deal valued at around US$920 million per month. The contract is scheduled to run from October 2026 th
Jun 12


Grab to Acquire 2.44 Billion Superbank Shares through GXS Bank
Grab acquired Singtel's 2.44 billion SUPA shares worth Rp800.4 billion. Grab deepens regional coordination between Superbank and GXS Bank operations. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra June 5 2026, at 16:30 GMT+7 Grab Holdings Limited declared that it will merge PT Super Bank Indonesia Tbk (SUPA) after the transfer of Singtel Alpha Investments' stake in Superbank to GXS Bank, which is Grab's digital banking arm
Jun 5


Canada Signs LNG Deal with Germany's State-Owned SEFE
Canada and Germany signed a landmark 20-year LNG supply deal, diversifying Canadian exports away from the US. The Ksi Lisims project faces mounting legal, environmental, and political opposition despite government backing. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra May 29 2026, at 16:30 GMT+7 Canada has reached a historic energy agreement with Germany, marking the first-ever long-term shipment of liquefied natural gas
May 29


Haji Isam Acquires PACK as Company Expands Into Nickel
Haji Isam acquired a 21.12% stake in PACK worth Rp936.65 billion as the company expands into nickel mining. PACK plans US$75.91 million mining acquisitions to accelerate its transformation into a nickel holding company By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra May 22 2026, at 16:30 GMT+7 H. Samsudin Andi Arsyad, widely known as Haji Isam, officially became a strategic shareholder in PT Abadi Nusantara Hijau Investama
May 22


GOTO Announces Rp3.5 Trillion Buyback to Boost Shareholder Value
GOTO plans a Rp3.5 trillion buyback to strengthen capital management and shareholder value. GOTO’s buyback will not exceed 10% of its issued and paid-up capital, supported by sufficient financial resources. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra May 15 2026, at 16:30 GMT+7 GOTO announced a Rp3.5 trillion share buyback funded entirely by internal cash reserves. The company will seek shareholder approval during its E
May 15


OpenAI and Anthropic Launch US$5.5B Ventures
OpenAI and Anthropic launched major ventures to scale enterprise AI via acquisitions. Both are expanding into new industries, with OpenAI ahead in deployment. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra May 1 2026, at 16:30 GMT+7 OpenAI and Anthropic have separately moved to establish joint ventures, backed by major financial institutions. Read More: BUMI to Fully Acquire Loyal Metals for AU$79.1 Million OpenAI has secu
May 8


BUMI to Fully Acquire Loyal Metals for AU$79.1 Million
AU$79.1M deal at AU$0.45/share, bolstering Australian mining foothold. Highway Reward produced 3.65 Mt of copper with new reserves By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra May 1 2026, at 16:30 GMT+7 PT Bumi Resources Tbk (BUMI) has formally entered into a Scheme Implementation Deed (SID) to acquire 100% shares of Australia’s Loyal Metals Ltd, with the total transaction valued at approximately AU$79.1 million. Read M
May 1


Apple Replaces CEO with John Ternus to Advance AI Strategy
Apple names longtime executive John Ternus as CEO, marking a leadership shift after Tim Cook’s 15-year leadership. The move highlights Apple’s focus on strengthening its products while addressing growing competition in artificial intelligence. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra April 24 2026, at 16:30 GMT+7 Apple announced John Ternus is set to become Chief Executive Officer, replacing Tim Cook, who will transi
Apr 24


Amazon Acquires Globalstar for US$11.57 Billion Satellite Expansion
Amazon’s $11.57 billion Globalstar acquisition strengthens its satellite network and accelerates direct-to-device connectivity expansion. It also intensifies competition with Starlink while highlighting execution challenges despite strong investor confidence. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra April 17 2026, at 16:30 GMT+7 Amazon announced plans on Tuesday (04/14) to acquire Globalstar in a deal valued at US$11
Apr 17


Danantara to Acquire State Asset Managers, Valued at Rp2.3T
Danantara acquired four state-owned asset managers worth Rp2.3T to streamline operations and boost competitiveness. The merger may redirect investor flows toward private firms, though state-owned clients are expected to favor state-owned managers. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra April 10 2026, at 16:30 GMT+7 Indonesia's sovereign wealth fund Danantara is acquiring four state-owned asset management firms, wit
Apr 10


OpenAI Secures Record Funding, Accelerates Growth Toward Anticipated IPO
OpenAI’s US$122 billion funding reflects AI’s shift into a capital-intensive industry driven by large-scale infrastructure investment. The funding supports platform integration and IPO preparation, positioning OpenAI for long-term growth despite financial and competitive pressures. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra April 3, 2026, at 16:30 GMT+7 OpenAI recently secured one of the largest funding rounds in techn
Apr 3
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