SpaceX is set to acquire Cursor in a deal valuing the AI coding startup at $60 billion, marking a major strategic move as Elon Musk looks to narrow the gap with competitors in coding tools. The transaction is expected to close in the third quarter. The announcement underscores continued strong valuations and deal activity in artificial intelligence software.
SpaceX is set to acquire Cursor in a deal valuing the AI coding startup at $60 billion, marking a major strategic move as Elon Musk looks to narrow the gap with competitors in coding tools. The transaction is expected to close in the third quarter. The announcement underscores continued strong valuations and deal activity in artificial intelligence software.
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