Days after its June 12 IPO, SpaceX agreed to acquire AI coding startup Cursor for $60 billion, marking its first major deal as a public company. The move followed a buy-or-partner pact with Anysphere that offered either a $10 billion compute partnership or a takeover, advancing SpaceX’s pursuit of a $26 trillion AI opportunity market.
Trending
- India Leads BRICS Push for Stronger MSME Cooperation at Agra Forum
- India to Host First BRICS MSME Forum in Agra on June 19
- Jio Denies Pavel Durov’s BGP Hijacking Allegations Over Telegram Disruption
- Reliance Jio Rejects Telegram Founder’s BGP Hijacking Allegations
- SpaceX Bets Big on AI With $60 Billion Cursor Acquisition Post-IPO
- SpaceX Seals $60 Billion Cursor Deal Just Days After Going Public
- Mistral Promotes Open-Source AI After U.S. Restricts Anthropic Model Access
- Mistral Pitches Open-Source AI as U.S. Restricts Access to Anthropic Models

