SpaceX Acquires AI Coding Startup Cursor for $60 Billion

SpaceX is reportedly acquiring AI coding startup Cursor for a staggering $60 billion. This significant transaction follows closely on the heels of SpaceX's own blockbuster initial public offering. The deal, announced Tuesday, involves Elon Musk's rocket company acquiring Cursor's parent company, Anysphere, through an all-stock transaction. This move signals a major expansion for SpaceX into the AI and software development space, potentially integrating advanced coding tools into its aerospace and technology operations.