SpaceX lines up $60 billion deal for AI start-up Cursor
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SpaceX said in a post on X that it's obtained the rights to buy coding startup Cursor for $60 billion later this year or pay $10 billion for the work the companies are doing together. "SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI,
In an X post on Tuesday, SpaceX referred to a clumsily named entity called “SpaceXAI”—a term Musk has used before—but that’s not even the big news. The big news is that SpaceX, assuming that’s still what the rocket company that also owns xAI and X the social media app wants to be called,
Prior to SpaceX’s (SPACE) announcement this week that it’s obtained the right to acquire Cursor for $60B, Microsoft (MSFT) looked at a potential deal for the AI coding startup, CNBC reported, citing people familiar with the matter. Microsoft, which is ...