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The Independentindependent.co.uk

Elon Musk’s SpaceX to buy AI coding firm in $60bn deal as valuation rockets after IPO (opens original article in a new tab)

TL;DR

Elon Musk's SpaceX has agreed to acquire AI coding firm Cursor for $60 billion, boosting its valuation to $2 trillion following a successful IPO.

  • Elon Musk's SpaceX agrees to acquire AI coding firm Cursor for $60 billion
  • SpaceX's valuation rises to $2 trillion after IPO and acquisition
  • Cursor's AI technology automates code writing and supports software development

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