SpaceX to acquire coding startup Cursor for $60 billion in stock deal
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by Maria Deutscher
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Summary
SpaceX has announced plans to acquire Cursor, a developer of a popular vibe coding platform, for $60 billion in stock. The transaction is expected to close by the end of the quarter. The acquisition follows a previous partnership in April where SpaceX collaborated with Cursor to develop AI models optimized for coding tasks, with SpaceX initially stating it would pay $10 billion for the collaboration.
Key quotes
· 3 pulledSpaceX to acquire vibe coding startup Cursor for $60B
The companies expect to close the transaction by the end of the quarter.
In April, SpaceX partnered with Cursor to develop artificial intelligence models optimized for coding tasks.
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