SpaceX expects to close its $60 billion Cursor acquisition in July, roughly 30 days after its record-breaking Nasdaq IPO. A $10 billion breakup fee backs the deal.

Former White House AI czar David Sacks confirmed the structure of Elon Musk’s Cursor play on the All-In podcast Friday. By the end of 2026, SpaceX will either acquire the AI coding startup for $60 ...

SpaceX announced a partnership with coding startup Cursor that will give Elon Musk's company a major foothold in the AI ...

Partnering with Cursor could be a crucial step for Elon Musk to get ahead of AI rivals like OpenAI and Anthropic.

Elon Musk's SpaceX just made a deal with a coding startup founded by four college kids who dropped out of MIT three years ago. On April 21, SpaceX announced on X (1) that it is working together with ...

Elon Musk’s SpaceX has secured an option to acquire AI coding startup Cursor for $60 billion or enter a $10 billion partnership, while also exploring a three-way collaboration with French AI firm ...

With a SpaceX IPO around the corner. is a senior editor following news across tech, culture, policy, and entertainment. He ...

As the momentum ramps up ahead of that IPO-- which, at a reported target valuation of $1.75 trillion, is expected to be the largest ever -- let's consider what the Cursor deal might mean for SpaceX.

April 21 (Reuters) - SpaceX said it has secured ⁠an ⁠option to either acquire ⁠code-generation startup Cursor for $60 billion later this year, or pay $10 billion for their new partnership, as it ...

SpaceX said it has an agreement giving it the right to acquire artificial intelligence startup Cursor for $60 billion later this year or to pay $10 billion for the companies’ work together, part of ...

SpaceX on Tuesday announced a unique deal with AI startup Cursor that will offer it the option to buy the company for $60 billion later this year.

Elon Musk's SpaceX said it secured the right to buy AI coding startup Cursor for $60 billion, or pay Cursor $10 billion for work together. The deal marks another expensive move for SpaceX, as the ...