SpaceX Says It Has Agreement to Acquire Cursor for $60 Billion - Bloomberg.com

SpaceX Says It Has Agreement to Acquire Cursor for $60 Billion  Bloomberg.com

SpaceX Said to Agree to Buy Cursor for More Than $50 Billion

The agreement comes as Elon Musk’s rocket and satellite maker, which has been emphasizing artificial intelligence, is preparing to go public.

By Erin Griffith, Mike Isaac and Ryan Mac

SpaceX strikes $60bn deal to acquire AI start-up Cursor

Elon Musk’s rocket and AI conglomerate is seeking to catch up to rivals OpenAI and Anthropic

SpaceX secures option to buy AI startup Cursor for $60bn or partner for $10bn

Cursor is aSilicon Valley startup using AI to automate coding as Elon Musk’s firm seeks foothold in the AI market SpaceX said it has secured an option to either acquire code-generation startup Cursor for $60bn later this year, or pay $10bn for their new partnership, as it pushes deeper into the lucrative market for AI developer tools. Along with OpenAI and Anthropic, Cursor is one of several Silicon Valley startups that has drawn waves of developers by using artificial intelligence to automat...

By Reuters

SpaceX says it can buy Cursor later this year for $60 billion or pay $10 billion for 'our work together'

SpaceX said it's obtained the rights to buy coding startup Cursor for $60 billion later this year or pay $10 billion for the work they're doing together.

What is Cursor? SpaceX could buy the AI company for a whopping $60 billion.

Anthropic and OpenAI have emphasized AI coding tools, and now SpaceX is looking to bulk up its efforts in this buzzy area.

By William Gavin

SpaceX strikes $60 billion deal for the right to buy coding startup Cursor

Elon Musk's space company SpaceX is partnering with Cursor, a coding startup co-founded by Michael Truell. Fabrice COFFRINI / AFP via Getty Images and Kimberly White/Getty Images for Fortune Media SpaceX, which also owns xAI, announced a partnership with coding startup Cursor. The partnership gives Cursor access to SpaceX's computing power. The announcement comes as SpaceX preps for a potential IPO later this year. SpaceX announced Tuesday that it has struck a deal with Cursor that would gi...

Spacex says it has option to acquire startup Cursor for $60 billion