Elon Musk's SpaceX has been making headlines for the past few weeks for its much-awaited IPO that is set to make many people billionaires. As of now, the private space company is trending for acquiring a startup for a whopping $60 billion.

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

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