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SpaceX and Cursor strike partnership that might end in a $60 billion acquisition
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SpaceX and Cursor strike partnership that might end in a $60 billion acquisition

Engadget·Karissa Bell·about 1 month ago
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The xAI and SpaceX logos appear on a smartphone screen placed on a reflective surface onto which an abstract black and blue illustration is projected. (Photo by Samuel Boivin/NurPhoto via Getty Images) (NurPhoto via Getty Images) SpaceX and AI company Cursor have struck a new partnership that could see the owner of X buy the AI company for $60 billion later this year. "SpaceXAI and  @cursor_ai  are now working closely together to create the world’s best coding and knowledge work AI," SpaceX wrote in a post on X. According to SpaceX, the deal allows for it to either invest $10 billion into the company known for its AI coding tool, or acquire it entirely "later this year" for $60 billion. If an acquisition were to happen, it's not clear at what point Cursor could officially join the fold of Elon Musk's rapidly expanding and increasingly enmeshed web of companies. SpaceX bought xAI, the billionaire's AI company that also controls X , earlier this year .…

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