SPACEX ACQUIRES CURSOR FOR $60B — MUSK PUSHES INTO AI CODING
SpaceX has exercised its option to acquire AI coding startup Cursor in an all-stock deal valued at $60 billion. The move follows SpaceX’s blockbuster IPO, whose sharp post-listing rally made a stock-only takeover straightforward. Cursor had already agreed in April to a partnership that included the acquisition option or a smaller $10 billion partnership alternative. Cursor CEO […]
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