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SpaceX fortifies AI foothold with $60B Cursor deal
SpaceX officially owns Cursor after Elon Musk's juggernaut on Friday completed a $60 billion acquisition of the San Francisco-based coding startup. The deal, which was first announced in April, gives SpaceX a boost in its bid to compete with rivals Anthropic and OpenAI. Last month, SpaceX and Cursor debuted Grok 4.5, a joint model that specializes in coding, finance and legal tasks. Musk told SpaceX staff at a recent meeting that "AI will be 99% of the value of SpaceX" within about five years.
SpaceX has officially completed its $60 billion acquisition of Cursor, the artificial intelligence coding startup behind one of the fastest-growing developer tools in the industry. The transaction became effective on August 14, marking a major expansion of...
