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

AI start-up is racing to add computing power to keep up with its growth

Rocket company boosts valuation to $1tn and pays $250bn to acquire AI start-up as Musk envisions data centres in space

Billionaire folds rocket maker into a lossmaking AI start-up, betting scale and control can beat rivals to blockbuster IPO

Lawsuit brought by Elon Musk heads into final week in court, with Sam Altman due to testify

Elon Musk and Jeff Bezos’s commitment to putting data centres in space boosts fortunes of smaller players

Elon Musk’s rocket company told investors it hopes to go public with a $1.75tn valuation