SpaceX and Cursor strike partnership that might end in a $60 billion acquisition

SpaceX and AI company Cursor have struck a new partnership that could see the owner of X buy the AI company for $60 billion later this year. “SpaceXAI and  @cursor_ai  are now working closely together to create the world’s best coding and knowledge work AI,” SpaceX wrote in a post on X.

According to SpaceX, the deal allows for it to either invest $10 billion into the company known for its AI coding tool, or acquire it entirely “later this year” for $60 billion. If an acquisition were to happen, it’s not clear at what point Cursor could officially join the fold of Elon Musk’s rapidly expanding and increasingly enmeshed

→ Continue reading at Engadget

Similar Articles

Advertisment

Most Popular