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 ...

June 16 (UPI) --SpaceX has reached an agreement to buy AI coding company Cursor for $60 billion, a filing with the U.S. Securities and Exchange Commission says. The agreement says that Cursor, created ...

Analysts differ on the likely impact, some arguing that the deal gives Cursor the compute expansion it needs, while others worry that Cursor’s trustworthiness could be threatened. When SpaceX on ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Update June 16, 2026: A day after this story was published, SpaceX announced it would buy Cursor for ...

LONDON, June 9 (Reuters) - AI coding startup Cursor, which SpaceX has an option to buy for $60 billion, will open its European headquarters in London and hire some 200 staff, an executive told Reuters ...

The third feature by Jorge Thielen Armand, debuting in Cannes' Directors' Fortnight sidebar, is about a woman who encounters unexpected obstacles when she tries to sell her childhood home. By Leslie ...

Cannes: The controversial arthouse icon plays the heiress to a Venezuelan cacao plantation, who, upon returning home, finds the occupants unwilling to budge in Jorge Thielen Armand's film. It’s highly ...

Founders: Michael Truell (CEO), Sualeh Asif, Aman Sanger Launched: 2022 Headquarters: San Francisco Funding: $3.3 billion Valuation: $60 billion Key Technologies: Artificial intelligence, cloud ...

Microsoft looked at buying artificial intelligence coding startup Cursor in recent weeks but didn't make an offer, CNBC has learned. On Tuesday, SpaceX said it's obtained the right to acquire Cursor ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Elon Musk is ramping up efforts to compete with AI giants Anthropic and OpenAI. Musk's AI startup, xAI ...

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of ...

SpaceX said it has an agreement giving it the right to acquire artificial intelligence startup Cursor for $60 billion later this year or to pay $10 billion for the companies’ work together, part of ...