SpaceX buys AI coding startup Cursor
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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.
When SpaceX isn’t landing rockets, it’s apparently landing AI company deals. In February, the firm behind Starlink absorbed xAI, which includes Twitter-turned-X. In April, SpaceX inked a deal with Cursor, a competitor to Claude Code and OpenAI’s Codex.
Elon Musk's rocket company announced on Tuesday that it had exercised its option to buy AI coding startup Cursor for $60 billion.
Siladitya Ray is a New Delhi-based Forbes news team reporter. SpaceX's acquisition announcement comes just days after it made its public market debut with a record breaking IPO. In a Securities and Exchange Commission filing, SpaceX said it will acquire ...
