SpaceX to acquire AI coding platform Cursor for $60 billion
… It comes just two days after SpaceX’s unprecedented IPO and a few months after the merger of SpaceX and xAI, which brought a significant restructuring of xAI. …
… It comes just two days after SpaceX’s unprecedented IPO and a few months after the merger of SpaceX and xAI, which brought a significant restructuring of xAI. …
… Given that spending spree and Grok’s lagging position in the AI race, the expected SpaceX IPO would provide a critical cash infusion to the company. It remains to be seen whether enough investors embrace SpaceX’s vision for the future to see it through. …