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SpaceX Gains Flexible Option to Acquire AI Coding Firm Cursor for $60 Billion

SpaceX revealed on X that it has secured an option to acquire AI coding startup Cursor for $60 billion, countering reports that suggested the deal was already finalized. The arrangement allows SpaceX to either finalize the purchase by the end of the year or opt out after investing $10 billion for shared computing resources and collaborative AI model development. Cursor’s CEO Michael Truell described the relationship as a strategic partnership aimed at scaling their joint initiatives.

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The Next Web