SpaceX announces option to buy AI startup Cursor for $60 billion

SpaceX, the billionaire’s rocket company, announced on X this Tuesday, 21, that it has guaranteed the option to purchase the artificial intelligence (AI) startup Cursor for US$60 billion later this year. Musk’s company said it is working in “close collaboration” with Cursor on programming and AI.

“Combining Cursor’s leading product and distribution to experienced software engineers with SpaceX’s Colossus AI training supercomputer will allow us to build the world’s most useful models,” the space company said in the post. Colossus is the AI ​​supercomputer built by the company xAI, a subsidiary of SpaceX.

“Cursor also granted SpaceX the right to acquire it later this year for US$60 billion or pay US$10 billion for our joint work”, concludes the company. The announcement comes on the eve of SpaceX’s initial public offering, which promises to be the largest in history.

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SpaceX announces option to buy AI startup Cursor for $60 billion

SpaceX, the billionaire’s rocket company, announced on X this Tuesday, 21, that it has guaranteed the option to purchase the artificial intelligence (AI) startup Cursor for US$60 billion later this year. Musk’s company said it is working in “close collaboration” with Cursor on programming and AI.

“Combining Cursor’s leading product and distribution to experienced software engineers with SpaceX’s Colossus AI training supercomputer will allow us to build the world’s most useful models,” the space company said in the post. Colossus is the AI ​​supercomputer built by the company xAI, a subsidiary of SpaceX.

“Cursor also granted SpaceX the right to acquire it later this year for US$60 billion or pay US$10 billion for our joint work”, concludes the company. The announcement comes on the eve of SpaceX’s initial public offering, which promises to be the largest in history.

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