SpaceX formally agrees to acquire Cursor for $60B, expanding its push into AI coding tools after its $75B IPO
SpaceX has inked a formal deal to buy Cursor, valuing the AI coding startup at $60 billion. The acquisition follows SpaceX’s IPO last week—raising $75 billion—and positions Musk’s company to close the gap with AI developer-tool rivals including Anthropic and OpenAI.