SpaceX nears deal with Cursor
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SpaceX is nearing a deal with AI coding startup Cursor for acquisition or a $10 billion investment.
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SpaceX announced Tuesday it agreed to a deal with AI coding startup Cursor, which could lead to an acquisition or a $10 billion investment. Cursor, described as the original vibe coding startup, has already raised over $3 billion. This potential deal reflects CEO Elon Musk's strategy to transform SpaceX into an AI powerhouse before its potential IPO, which could be the largest in history. SpaceX previously acquired xAI, Musk's other AI startup, in February, valuing the combined company at $1.25 trillion. If finalized, this agreement suggests SpaceX's willingness to aggressively invest in AI capabilities ahead of public investor involvement in its valuation.
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SpaceX agreed to a deal with AI coding startup Cursor.
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