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SpaceX locks in $60 billion Cursor deal to close gap with rivals in AI coding race

Cyprus Mail 21 June 2026, 06:00
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SpaceX locks in $60 billion Cursor deal to close gap with rivals in AI coding race
Elon Musk’s SpaceX (SPCX.O) is buying the startup behind the popular AI coding agent Cursor, Anysphere, for $60 billion in an all-stock deal to boost its presence in the lucrative enterprise AI tools market. The deal follows a blockbuster Nasdaq ​debut for the rockets-to-AI company last week, in which its valuation surged to more than […]