SpaceX lines up $60 billion deal for AI start-up Cursor
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Partnering with Cursor could be a crucial step for Elon Musk to get ahead of AI rivals like OpenAI and Anthropic.
SpaceX said in a post on X that it's obtained the rights to buy coding startup Cursor for $60 billion later this year or pay $10 billion for the work the companies are doing together. "SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI,
The rocket company said it will either acquire Cursor later this year or pay $10 billion for their work together
In an X post on Tuesday, SpaceX referred to a clumsily named entity called “SpaceXAI”—a term Musk has used before—but that’s not even the big news. The big news is that SpaceX, assuming that’s still what the rocket company that also owns xAI and X the social media app wants to be called,