SpaceX has acquired AI coding startup Cursor in a $60 billion (roughly Rs. 5,66,500 crore) all-stock deal. The companies confirmed the acquisition on X and said they have been jointly training an AI model that will be released through Cursor and Grok Build. The deal follows a partnership announced in April that gave SpaceX the option to buy Cursor. Founded in 2022 as Anysphere, Cursor competes with Anthropic's Claude Code and OpenAI's Codex. The deal is expected to close in Q3 2026.
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