SpaceX to acquire AI coding company Cursor for $60 billion
Elon Musk’s SpaceX is buying the startup behind the popular AI coding agent Cursor, Anysphere, for $60 billion in an all-stock deal to boost its presence in the lucrative enterprise AI tools market.
Tuesday’s deal follows a blockbuster Nasdaq debut for the rockets-to-AI company last week, in which its valuation surged to more than $2 trillion.
The acquisition will give xAI, which was acquired by SpaceX in February, a stronger hold in AI coding, one of the first areas where companies have turned AI into a real source of revenue from businesses.
