SpaceX buys Cursor for $60bn (opens original article in a new tab)

SpaceX announced a $60 billion acquisition of AI coding startup Cursor, with the deal expected to close in Q3 2026. Cursor specializes in AI-driven software code creation for businesses, and SpaceX's shares rose following the announcement.

• SpaceX acquires AI coding startup Cursor for $60 billion
• Cursor specializes in AI for business software code creation
• Deal expected to close in Q3 2026 as SpaceX shares rise