Cursor for Coding - Search News

SpaceX acquires AI coding platform Cursor

Digest more

YouTube on MSN · 6h

SpaceX acquires AI coding tool Cursor for $60B in all-stock deal

SpaceX is acquiring AI coding tool Cursor for $60 billion in an all-stock deal, integrating it into its AI initiatives.

· 3d · on MSN

SpaceX Agrees to Buy AI Coding Agent Cursor for $60 Billion

· 3d

SpaceX to acquire the AI coding startup Cursor for $60 billion

· 1h

SpaceX is launching spy satellites for US intelligence

SpaceX put another batch of spy satellites into orbit early Friday morning (June 19), the third such launch for the Department of Defense’s (DOD) National Reconnaissance Office (NRO) this year.

· 10h

2 Reasons Investors Should Not Short SpaceX Stock

· 21h

The Small Investors Behind SpaceX’s Stock Rally

· 1d

Could SpaceX Join the Magnificent Seven?

SpaceX's businesses include AI, rocket launches, and satellite-based internet connectivity.

· 23h

SpaceX shares tumble as post-IPO frenzy loses steam

· 1d

The Next SpaceX? Top Analyst Suggests 2 Space Stocks to Buy

3don MSN

SpaceX locks in $60 billion Cursor deal to close gap with rivals in AI coding race

By Aditya Soni and Deborah Mary Sophia June 16 (Reuters) - Elon Musk's SpaceX is buying the startup behind the popular AI coding agent Cursor, Anysphere, for $60 billion in an all-stock deal to boost its presence in the lucrative enterprise AI tools market.

SpaceX stock price drops after Cursor purchase. How low could it go?

Not everyone believes SpaceX is overvalued, though. Investment bank Oppenheimer and Co. raised its projection for SpaceX stock from $190 to $250 following the acquisition disclosure. Analyst Timothy Horan said that SpaceX "owns every layer of the AI stack, giving it cost and quality advantages," and that Cursor is a major component of that.

SpaceX is buying AI coding startup Cursor for $60 billion

SpaceX has agreed to buy AI startup Cursor for $60 billion in stock, concluding a deal that was first announced earlier this year. In April, the two companies signed a partnership that saw SpaceX agree to either invest $10 billion into Cursor or buy it outright for $60 billion.