Tech

SpaceX secures option to buy AI coding startup Cursor for $60 billion

SpaceX has struck a deal giving it the option to acquire Cursor, the AI-powered code editor that has quietly become one of Silicon Valley's hottest developer tools, for $60 billion — or alternatively pay $10 billion for a partnership. The move signals Elon Musk's ambition to muscle into an AI developer tools market currently dominated by OpenAI and Anthropic.

Sources

SpaceX strikes $60bn deal to acquire AI start-up Cursor

Financial Times · Apr 21