SpaceX has agreed to acquire Cursor for over $50 billion

Odaily News According to two informed sources, SpaceX has agreed to acquire Cursor for over $50 billion. Cursor is a rapidly growing AI startup focused on developing code-writing software. SpaceX is making this deal as it prepares for what could be one of the largest IPOs in history. Founded in 2022, Cursor has raised over $3 billion and once made waves as one of the fastest-growing AI startups. SpaceX previously stated that Cursor has granted SpaceX the right to acquire Cursor for $60 billion, or SpaceX could alternatively pay $10 billion for the results of their collaboration. (Reuters)