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Business · Video brief

SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO

TechCrunch· Jun 16, 2026 · 12:27 PM · 1 views

SpaceX is set to acquire AI startup Cursor for a staggering $60 billion, aiming to strengthen its AI division amidst recent controversies. This strategic move positions SpaceX in direct competition with leading AI labs, tapping into a market worth trillions. Stay tuned for the unfolding drama in the tech world. #SpaceX #AI #TechNews #ElonMusk #Innovation

Originally reported by TechCrunch. Read the full story →

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SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO

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