SpaceX Buys AI Coding Startup Cursor for $60 Billion
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This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. SpaceX, the rocket company that now owns xAI and the Colossus supercomputer, has struck a deal giving it the option to acquire AI coding startup ...
SpaceX announced the deal on X, pre-empting a New York Times report that framed it as a completed acquisition. The structure gives SpaceX optionality: exercise the call by year end or walk away having paid $10B for shared compute access and joint model work.
Elon Musk's SpaceX just made a deal with a coding startup founded by four college kids who dropped out of MIT three years ago. On April 21, SpaceX announced on X (1) that it is working together with Cursor, an AI coding tool used by 64% (2) of Fortune 500 ...
Cursor announced Thursday the launch of Cursor 3, a new product interface that allows users to spin up AI coding agents to complete tasks on their behalf. The product, which was developed under the code name Glass, is Cursor’s response to agentic coding ...
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.