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.
SpaceX IPO proceeded as anticipated, with strong early trading momentum and index inclusion catalysts on the horizon. Learn more about SPCX stock here.
The deal signals SpaceX's growing focus on artificial intelligence and software development as well as rocket building.
SpaceX has agreed to buy AI startup Cursor for $60 billion in stock, concluding a deal that was first announced earlier this year. In April, the two companies signed a partnership that saw SpaceX agree to either invest $10 billion into Cursor or buy it outright for $60 billion.