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SpaceX to Acquire Cursor for $60B in Stock, Days After Blockbuster IPO★ 76
TechCrunch AI42 days agoBusiness
SpaceX has struck a deal to acquire Cursor, the popular AI-powered code editor, for $60 billion in stock — just days after completing a high-profile IPO. The acquisition is framed as a strategic move to strengthen SpaceX's underperforming AI unit. During its IPO roadshow, SpaceX cited a $26 trillion total addressable market in AI to justify the division's ambitions.