SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO
SpaceX is set to acquire AI startup Cursor in a $60 billion all-stock deal shortly after its major IPO. The move aims to bolster SpaceX's AI division, which has faced challenges, as the company eyes a massive $26 trillion potential market in artificial intelligence. This acquisition highlights SpaceX's growing ambitions beyond its core space exploration business.