SpaceX Buys AI Coding Startup Cursor for $60 Billion
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SpaceX will buy Cursor parent Anysphere in a $60B all-stock deal, giving Elon Musk’s company a major AI coding asset days after its IPO.
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Elon Musk's 'bestie' calls SpaceX’s Cursor deal the best acquisition since Instagram, YouTube: Here's the revenue test ahead
Jason Calacanis said Cursor could become the No. 1 or No. 2 AI coding agent within a year thanks to SpaceX's compute advantage.
How the hottest AI coding company navigated its situationship with Anthropic and hitched its fate to Elon Musk's chaotic rocket.
The market has spent years viewing SpaceX (NASDAQ:SPCX) primarily as a rocket company, but that narrative no longer fits. The company’s historic IPO, which raised $85.7 billion after underwriters exercised the so-called “greenshoe” overallotment — with the stock currently valued at more than $2.
The move comes as Musk works to improve the coding capabilities of his Grok family of AI models. Musk recently combined his AI company, xAI, with SpaceX to form a mega-sized firm, which he took public last week.
