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SpaceX Says It Has Right to Acquire Cursor for $60 Billion

aiai-productsbusinesstechstartups 39 posts · 35 accounts

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)

@elonmusk

RT @SpaceX: SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI. The combinat…

@sawyermerritt

Wow, 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

@tszzl

RT @SpaceX: SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI. The combinat…

@martin_casado

RT @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…

@edludlow

NEWS: SpaceX has agreed right to acquire Cursor for $60B later this year

@katie_roof

RT @SpaceX: SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI. The combinat…

@wallstengine

SpaceX 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

@iruletheworldmo

well, this is interesting. elon and cursor becoming friendly. can see where this is going.

@8teapi

wow, Elon's largest (external) acquisition ever

@techmeme

Sources: 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_z9

WAT?? So Elon will buy Cursor

@stocksavvyshay

SpaceX 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

@edludlow

Interesting. @mntruell raises money at $50B valuation (reported) Friday. Agrees deal to work with SpaceX with option to be acquired by them for $60B, Tuesday.

@pitdesi

wow - SpaceX either acquires Cursor for $60B or pays Cursor $10B for their work together. I did not see that coming. What a wild ride.

@deitaone

SPACEX SAID TO AGREE TO BUY CURSOR FOR MORE THAN $50 BILLION- NYT

@zerohedge

*SPACEX SAYS HAS RIGHT TO ACQUIRE CURSOR FOR $60 BILLION

@polymarketmoney

SpaceX 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.

@business

SpaceX 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

@mweinbach

this is big

@amitisinvesting

SPACEX 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

@mweinbach

RT @SpaceX: SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI. The combinat…

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