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SpaceX Pounces on $60 Billion Cursor Takeover Days After IPO

Bloomberg Tech · Jun 16, 2026, 5:55 PM · Also reported by 4 other sources

Sara Araghi, portfolio manager at Franklin Templeton - which backed SpaceX long before its IPO - says SpaceX cementing its $60 billion takeover of Cursor so quickly "makes sense" considering the company's AI ambitions. She joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

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SpaceX Pounces on $60 Billion Cursor Takeover Days After IPO

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