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The original was posted on /r/singularity by /u/BuildwithVignesh on 2026-06-16 12:26:56+00:00.
SpaceX has announced its first major acquisition after a record-breaking IPO.
Elon Musk's rocket company said on Tuesday that it is buying the AI coding startup Cursor for $60 billion, after the two companies struck a deal earlier this year.
The deal caps Cursor's rapid ascent to become one of Silicon Valley's fastest-growing startups and is a validation of the soaring interest in AI-assisted coding.
Michael Truell, the 25 year old Cursor CEO who told employees the potential merger with SpaceX was "a big risk, or a big bet, that we're making."
Source: Business Insider