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Riding High After I.P.O., SpaceX to Buy A.I. Start-Up for $60 Billion

NY Times · Jun 16, 2026, 12:49 PM · Also reported by 4 other sources

SpaceX exercised its option to acquire Cursor in an all-stock deal, bolstering Elon Musk’s ambitions in artificial intelligence.

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Investing.com Options on SpaceX shares start trading The Verge SpaceX is officially buying Cursor for $60 billion Forbes SpaceX Will Buy AI Coding Firm Cursor For $60 Billion Bloomberg Tech SpaceX Pounces on $60 Billion Cursor Takeover Days After IPO

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Riding High After I.P.O., SpaceX to Buy A.I. Start-Up for $60 Billion

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