Startups4 min read
SpaceX Is Working With Cursor and Has an Option to Buy the Startup for $60 Billion
SpaceX has established a working partnership with Cursor, the AI coding tool that has become one of the fastest-growing developer products in history, and has secured an option to acquire the company at a $60 billion valuation — a figure that would make it the largest AI startup acquisition in history if exercised. The deal gives Elon Musk a path to owning the dominant AI coding tool at a moment when coding AI has emerged as the most commercially valuable category in AI applications.