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Musk's SpaceX buys AI coding start-up for $60bn days after IPO

SpaceX, led by Elon Musk, has acquired the AI start-up Cursor for $60 billion shortly after its IPO. This move propels SpaceX's market value to $2.9 trillion, aiming to enhance its AI capabilities and compete with tech giants. Discover how...

BBC News· Jun 16, 2026 · 4:13 PM · 23 views

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SpaceX, led by Elon Musk, has acquired the AI start-up Cursor for $60 billion shortly after its IPO. This move propels SpaceX's market value to $2.9 trillion, aiming to enhance its AI capabilities and compete with tech giants. Discover how this acquisition fits into Musk's ambitious strategy. #SpaceX #ElonMusk #AI #TechNews #Innovation

Originally reported by BBC News. Read the full story →

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