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.

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.

Cursor is a Silicon Valley startup using AI to automate coding as Elon Musk’s firm seeks foothold in the AI market

Having fallen behind AI coding rivals OpenAI and Anthropic, Elon Musk's SpaceX now plans to acquire the talent it needs with a deal to purchase Cursor.

SpaceX has secured an option to buy AI coding startup Cursor for $60 billion. The deal would fill a gap Elon Musk's xAI has struggled to close on its own: coding tools.

The $60 billion acquisition, with a $10 billion breakup fee, is a huge win for a16z, Thrive, and Accel