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SpaceX strikes deal with Cursor for $60 bn

Financial Express Hyderabad

|

April 23, 2026

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 the Elon Muskrun firm’s efforts to catch up with rivals in Al coding tools.

- April 22

Musk’s rocket, satellite and artificial intelligence giant announced the deal in a post on X, saying the two companies are “now working closely together to create the world’s best coding and knowledge workAl”

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