SpaceX to acquire the AI coding startup Cursor for $60 billion

https://www.cnbc.com/2026/06/16/spacex-spcx-cursor-acquisition-ipo.html

SpaceX on Tuesday announced it entered a formal agreement to buy the artificial intelligence startup Cursor for $60 billion worth of stock, a hotly anticipated deal.

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Cursor built a popular AI coding tool that helps software developers generate, edit and review code, and the company has experienced explosive growth since its founding in 2022.

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