SpaceX confirms it is buying AI coding startup Cursor for $60 billion

· Business Insider

Elon Musk's SpaceX announced the deal with Cursor earlier this year.

SpaceX has announced its first major acquisition after a record-breaking IPO.

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Elon Musk's rocket company said in a Tuesday filing that it had exercised its option to buy the AI coding startup Cursor for $60 billion, after the two companies struck a deal earlier this year.

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