When SpaceX isn’t landing rockets, it’s apparently landing AI company deals. In February, the firm behind Starlink absorbed xAI, which...

SpaceX exercised its option to buy Cursor for $60 billion in all stock, the largest startup acquisition ever, arming xAI and Grok against rivals Anthropic and OpenAI.

SpaceX and Cursor had agreed to a deal earlier this year that gave the rocket company an option to buy the AI firm.