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How SpaceX preempted a $2B fundraise with a $60B buyout offer

TechCrunch· Apr 22, 2026 · 8:48 PM · 8 views

SpaceX has surprised the tech world with a $60 billion offer to acquire AI startup Cursor, which was about to secure a $2 billion funding round. This strategic move could transform SpaceX's presence in the AI industry, positioning it against giants like OpenAI. With plans to delay the acquisition until after its IPO, SpaceX aims to leverage its computing power for Cursor’s growth. #SpaceX #AI #TechNews #ElonMusk #Innovation

Originally reported by TechCrunch. Read the full story →

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How SpaceX preempted a $2B fundraise with a $60B buyout offer

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