SpaceX to acquire the AI coding startup Cursor for $60 billion
SpaceX announced it will acquire the AI coding startup Cursor for $60 billion in an all stock transaction. The Cursor deal could bolster SpaceX efforts to compete with rivals like Anthropic and OpenAI, which offer popular coding tools. SpaceX expects the merger to close during the third quarter of this year, according to a filing
SpaceX has announced its plan to acquire the AI coding startup Cursor for $60 billion in an all-stock transaction.
The deal is expected to strengthen SpaceX’s capabilities in the AI space and help it better compete with rivals such as Anthropic and OpenAI, both of which offer popular AI-powered coding tools.
According to a regulatory filing, SpaceX anticipates that the merger will close during the third quarter of this year.
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