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SpaceX agrees to acquire Cursor for $60 billion in all-stock deal, granting investors equity
SpaceX will acquire AI code editor Cursor for $60 billion in Class A stock, granting Cursor investors direct equity in SpaceX with closing expected in Q3
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infoworld.com
SpaceX’s planned $60 billion deal for Cursor raises questions for CIOs
Analysts differ on the likely impact, some arguing that the deal gives Cursor the compute expansion it needs, while others worry that Cursor’s trustworthiness could be threatened.
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forbes.com
SpaceX’s $60 Billion Cursor Acquisition Doubles 20-Something Cofounders’ Net Worths
Cursor’s four young billionaire cofounders will be worth $2.7 billion each when the deal goes through, according to Forbes estimates.
