SpaceX Buys AI Coding Startup Cursor for $60 Billion
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SpaceX will buy Cursor parent Anysphere in a $60B all-stock deal, giving Elon Musk’s company a major AI coding asset days after its IPO.
The market has spent years viewing SpaceX (NASDAQ:SPCX) primarily as a rocket company, but that narrative no longer fits. The company’s historic IPO, which raised $85.7 billion after underwriters exercised the so-called “greenshoe” overallotment — with the stock currently valued at more than $2.
How the hottest AI coding company navigated its situationship with Anthropic and hitched its fate to Elon Musk's chaotic rocket.
