SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO
SpaceX is acquiring Cursor in a $60 billion stock deal, a transformative AI-market move following Cursor’s IPO.
Excerpt
The deal is supposed to help SpaceX's struggling AI division. The company told IPO investors it sees a $26 trillion addressable market in AI.
Read at source: https://techcrunch.com/2026/06/16/spacex-to-acquire-cursor-for-60b-in-stock-days-after-blockbuster-ipo/