SpaceX is officially buying Cursor for $60 billion

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Elon Musk with large  greenish  arrow pointing up   and wealth  falling from the sky.

Days aft its massive IPO, SpaceX says it is spending $60 cardinal to bargain Cursor - a stake designed to assistance Elon Musk's sprawling rocket / AI / societal media behemoth triumph implicit lucrative endeavor customers and adjacent the spread with AI rivals similar Anthropic and OpenAI.

The takeover was not wholly unexpected: SpaceX announced a peculiar arrangement successful April successful which it agreed to either get the programming level for $60 cardinal oregon wage a $10 cardinal breakup fee. The institution had been holding disconnected completing the woody portion going public.

In an SEC filing, SpaceX said it expects the woody to adjacent during the 3rd 4th of 2026.

Musk has pr …

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