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 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