SpaceX has agreed to acquire AI coding start-up Cursor in a $60bn (£45bn) stock deal just days after its record-breaking stock market debut

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

SpaceX will move forward with its $60 billion acquisition of artificial intelligence startup Cursor as Elon Musk’s space exploration and AI company seeks a competitive edge…