Spacex says it has option to acquire startup Cursor for $60 billion
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Spacex says it has option to acquire startup Cursor for $60 billion

Yahoo! Finance2d ago

April 21 (Reuters) - Elon Musk's SpaceX announced on Tuesday it has been granted the option to either acquire code-generation startup Cursor for $60 billion later this year, or pay $10 billion for a partnership.

SpaceX and Cursor are working closely together to create coding ⁠and knowledge work AI, the space company said in ⁠a post on X.

Cursor did not immediately respond to a Reuters request for comment.

Two product engineering heads at Cursor, a startup that sells AI models for coding tasks, said in March they joined SpaceX to contribute to the company's lunar projects and xAI, Musk's AI startup that is now a part of SpaceX.

Musk welcomed the engineers, Andrew Milich and Jason Ginsberg, saying, "Orbital space centers and mass drivers on the Moon will be incredible."

(Reporting by Juby Babu in Mexico City; Editing by Vijay Kishore)

Originally published by Yahoo! Finance

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