SpaceX will buy Cursor parent Anysphere in a $60B all-stock deal, giving Elon Musk’s company a major AI coding asset days after its IPO.

SpaceX SPCX announced that it will exercise its option to acquire the artificial intelligence coding platform Cursor for $60 billion in equity. Why it matters: SpaceX is aggressively investing in its ...

SpaceX will acquire AI coding tool Cursor for $60 billion in an all-stock transaction, the companies announced today. The deal is expected to close in the third quarter. It comes just two days after ...

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Ty Roush is a breaking news reporter based in New York City. Elon Musk’s rocket firm pulled back from a rally that pushed its market value ahead of Amazon and Microsoft. Shares of SpaceX declined by ...

Elon Musk celebrates the SpaceX IPO last week. (Nasdaq Photo) Shares of SpaceX surged Tuesday morning, pushing the Elon Musk-led company above Amazon and into a neck-and-neck race with Microsoft for ...

SpaceX has agreed to acquire AI coding startup Cursor in a $60 billion stock deal, just a few days after the space company’s historic IPO and less than two months after announcing a tie-up between the ...

SpaceX announced it will acquire the AI coding startup Cursor for $60 billion in an all stock transaction. The Cursor deal could bolster SpaceX efforts to compete with rivals like Anthropic and OpenAI ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

SpaceX has formally agreed to take over Cursor in a deal that values the AI coding start-up at $US60 billion ($85 billion), cementing a key part of Elon Musk’s ...

CFRA becomes the first major Wall Street firm to rate SpaceX a Sell, arguing investors are paying too much for unproven AI ambitions despite Starlink's strong growth.