Michael Truell, a 25-year-old former Google intern, co-founded AI startup Cursor, which SpaceX recently acquired in a groundbreaking $60 billion all-stock deal.

Cursor’s four young billionaire cofounders will be worth $2.7 billion each when the deal goes through, according to Forbes estimates.

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…

June 16 : Elon Musk's SpaceX is buying the startup behind the popular AI coding agent Cursor, Anysphere, for $60 billion in an all-stock deal to boost its presence in the…

June 16 : Elon Musk's SpaceX said on Tuesday it would acquire Anysphere, the software firm behind the popular AI coding agent Cursor, for $60 billion, in a bid to ramp up its…

Elon Musk's SpaceX said on Tuesday it would acquire Cursor AI parent Anysphere for $60 billion.

Elon Musk's rocket company announced on Tuesday that it had exercised its option to buy AI coding startup Cursor for $60 billion.

The deal is supposed to help SpaceX's struggling AI division. The company told IPO investors it sees a $26 trillion addressable market in AI.

Elon Musk's SpaceX, fresh off its record-breaking IPO, told U.S. securities regulators on Tuesday that it would acquire Anysphere, the firm behind...

Details of the deal show that Cursor shareholders will receive SpaceX Class A common stock.

The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.

SpaceX has agreed to acquire Anysphere, the company behind the popular AI coding tool Cursor, in an all-stock deal valuing the startup at $60 billion (€51.7bn), just days after…

SpaceX’s purchase of coding startup Cursor is a key part of Elon Musk’s efforts to catch up on rivals amid intense competition in AI development.

Cursor, which started in 2022, helped sparked a trend called “vibe coding” as AI coding assistants have become increasingly capable of doing the work of computer programming.

The deal will help to bolster the company's efforts to compete with rivals like Anthropic and OpenAI, which also offer popular coding tools.

From Google intern at 18 to a billionaire at 25, Cursor CEO Michael Truell’s rise is one of Silicon Valley’s fastest.

SpaceX, fresh from its IPO, is purchasing Cursor for $60 billion to strengthen its position in enterprise AI and compete with leaders like OpenAI and Anthropic.

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

It's the largest acquisition ever of a VC-backed startup

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

The all-stock deal would make Cursor a wholly owned SpaceX subsidiary and deepen the company's push into AI following its blockbuster IPO.