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SpaceX strikes $60 billion deal for the right to buy AI coding startup Cursor [Yahoo! Finance]
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“SpaceXAI and @cursor_ai are now working closely together to create the world's best coding and knowledge work AI,” the post said. “The combination of Cursor's leading product and distribution to expert software engineers with SpaceX's million H100 equivalent Colossus training supercomputer will allow us to build the world's most useful models,” the post said. “Cursor has also given SpaceX the right to acquire Cursor later this year for $60 billion or pay $10 billion for our work together.” The deal is part of SpaceX CEO Elon Musk's plan to transform the rocket company into an AI behemoth ahead of its upcoming IPO. Musk merged SpaceX with his xAI startup in February. Elon Musk attends the finals for the NCAA wrestling championship on March 22, 2025, in Philadelphia. (AP Photo/Matt Rourke) · ASSOCIATED PRESS The SpaceX-Cursor tie-up also shows how AI startups continue to find larger partners in order to secure the compute needed to continue improving their models. Earlie
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