SpaceX lines up $60 billion deal for AI start-up Cursor
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Cursor was on track to close a $2 billion funding round this week but chose to halt discussions after SpaceX offered a $10 billion "collaboration fee" and a path to a $60 billion acquisition.
In a social media post Monday afternoon, SpaceX announced it had started a working relationship with AI coding startup Cursor, which includes an option to buy the company for $60
Elon Musk’s rocket and satellite internet titan may pay $60 billion for an A.I. coding start-up. It further clouds SpaceX’s once-simple business plan.
This move frees Cursor from reliance on Anthropic and OpenAI models, and tees up SpaceX for an even bigger IPO.
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SpaceX's $60B Cursor AI deal isn't just about compute. It's a three-part bet on distribution, the Colossus supercomputer, and the humans behind the code.
SpaceX says it has the rights to buy artificial intelligence coding tool Cursor for $60 billion later this year as Elon Musk’s space exploration and AI company looks for ways to compete with rivals Anthropic and OpenAI ahead of a planned Wall Street debut.
Cursor is a Silicon Valley startup using AI to automate coding as Elon Musk’s firm seeks foothold in the AI market
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