SpaceX Says It Has Right to Acquire Cursor for $60 Billion
SpaceX said it has the right to acquire Cursor later this year for $60 billion, or alternatively pay $10 billion tied to the companies' work together. The announcement came as SpaceXAI and Cursor said they are working closely together to build coding and knowledge-work AI.
The companies said the partnership would combine Cursor's distribution to software engineers with SpaceX's Colossus training compute to build more useful AI models.
From the sources (25 posts)
@elonmuskRT @SpaceX: SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI. The combinat…
@sawyermerrittWow, Cursor has given SpaceX the right to acquire Cursor later this year for $60 billion or "pay $10 billion for our work together." "The combination of Cursor’s leading product and distribution to expert software engineers with SpaceX’s m
@tszzlRT @SpaceX: SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI. The combinat…
@martin_casadoRT @SpaceX: SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI. The combinat…
@nmasc_RT @SpaceX: SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI. The combinat…
@edludlowNEWS: SpaceX has agreed right to acquire Cursor for $60B later this year
@katie_roofRT @SpaceX: SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI. The combinat…
@wallstengineSpaceX says it has the right to acquire Cursor later this year for $60B, or pay $10B tied to the partnership instead.
@negligible_cap*SPACEX SAYS HAS RIGHT TO ACQUIRE CURSOR FOR $60 BILLION So seems like SpaceX effectively has a call option giving the right to acquire all of Cursor by the end of the year at a $60B valuation or pay $10B for Cursor’s work. Potentially a b
@iruletheworldmowell, this is interesting. elon and cursor becoming friendly. can see where this is going.
@8teapiwow, Elon's largest (external) acquisition ever
@techmemeSources: SpaceX has agreed to buy Cursor for $50B+; SpaceX says it is working with Cursor to "create the world's best coding and knowledge work AI" (New York Times) (Visit Techmeme dot com for the link and full context!)
@zephyr_z9WAT?? So Elon will buy Cursor
@stocksavvyshaySpaceX says it has the right to acquire Cursor later this year for $60B or alternatively pay $10B tied to the partnership. The companies say pairing Cursor’s software engineer distribution with SpaceX’s Colossus compute would help them bui
@edludlowInteresting. @mntruell raises money at $50B valuation (reported) Friday. Agrees deal to work with SpaceX with option to be acquired by them for $60B, Tuesday.
@pitdesiwow - SpaceX either acquires Cursor for $60B or pays Cursor $10B for their work together. I did not see that coming. What a wild ride.
@deitaoneSPACEX SAID TO AGREE TO BUY CURSOR FOR MORE THAN $50 BILLION- NYT
@zerohedge*SPACEX SAYS HAS RIGHT TO ACQUIRE CURSOR FOR $60 BILLION
@polymarketmoneySpaceX says it can buy Cursor for $60B later this year for "our work together."
@scaling01"Cursor has also given SpaceX [xAI] the right to acquire Cursor later this year for $60 billion or pay $10 billion for our work together" as expected. without coding data you are cooked.
@businessSpaceX said it has an agreement to either acquire AI coding startup Cursor for $60 billion later this year or pay $10 billion for its work together, as it works to catch up to rivals in AI coding
@altryne
@mweinbachthis is big
@amitisinvestingSPACEX GETTING READY TO BUY CURSOR FOR $50B looks like Elon is gobbling up a bunch of companies before IPO this one actually might make sense, xAI needs talent and Cursor is still doing billions in revenue but now when you buy SpaceX, y
@mweinbachRT @SpaceX: SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI. The combinat…