SpaceX says it has right to acquire Cursor later this year for $60B

In a post on X, formerly Twitter, SpaceX, founded by Tesla (TSLA) CEO Elon Musk, said that SpaceXAI and Cursor are "now working closely together to create the world's best coding and knowledge work AI. The combination of Cursor's leading product and distribution to expert software engineers with SpaceX's million H100 equivalent Colossus training supercomputer will allow us to build the world's most useful models. Cursor has also given SpaceX the right to acquire Cursor later this year for $60 billion or pay $10 billion for our work together."