Riding High After I.P.O., SpaceX to Buy A.I. Start-Up for $60 Billion
SpaceX exercised its option to acquire Cursor in an all-stock deal, bolstering Elon Musk’s ambitions in artificial intelligence. [Source]
Publication Date:Origin: nytimes.com
Category: Mergers, Acquisitions and Divestitures
Topics: SpaceX, intelligence, artificial, ambitions, Musk’s, bolstering, all-stock, Cursor, acquire, option, exercised, Billion, Start-Up, After, Riding
Source: https://www.nytimes.com/2026/06/16/business/spacex-cursor-aquisition-ipo.html