SpaceX has agreed to acquire Cursor for more than $50 billion

According to two people familiar with the matter, SpaceX has agreed to acquire Cursor for more than $50 billion. Cursor is a fast-growing artificial intelligence startup focused on developing code-writing software. SpaceX makes the deal as it prepares for what may be one of the largest IPOs in history. Founded in 2022, Cursor has raised more than US$3 billion and has caused a sensation as one of the fastest-growing artificial intelligence startups. SpaceX previously stated that Cursor has granted SpaceX the right to acquire Cursor for US$60 billion, or SpaceX can choose to pay US$10 billion for the results of the cooperation between the two parties.