SpaceX has completed its $60 billion acquisition of AI coding startup Cursor, marking one of the largest tech takeovers and escalating Elon Musk's competition with OpenAI and Anthropic. The deal, effective August 14, gives SpaceX access to Cursor's technology, talent, and computing resources. Cursor's AI coding assistant, launched in 2023, has become a major player in the 'vibe coding' trend.
SpaceX acquires AI coding startup Cursor for $60 billion
Source: Business Today