SpaceX Buys AI Coding Startup Cursor for $60 Billion
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SpaceX will buy Cursor parent Anysphere in a $60B all-stock deal, giving Elon Musk’s company a major AI coding asset days after its IPO.
Around the time ChatGPT and Github’s Copilot brought AI to the masses, four MIT classmates with backgrounds in computer science and finance decided they wanted in. They just didn’t quite know how.
The deal is supposed to help SpaceX's struggling AI division. The company told IPO investors it sees a $26 trillion addressable market in AI.
On the heels of its blockbuster IPO, SpaceX announced that it plans to acquire AI coding startup Cursor in an all-stock deal worth $60 billion by the third quarter of 2026. The de
SpaceX has formally agreed to take over Cursor in a deal that values the AI coding startup at $60 billion, cementing a key part of Elon Musk’s efforts to catch up with rivals on coding tools.
Elon Musk's rocket company announced on Tuesday that it had exercised its option to buy AI coding startup Cursor for $60 billion.
