An anonymous reader quotes a report from the New York Times:

> SpaceX, Elon Musk's rocket and satellite company, said on Tuesday that it had [1]struck a deal with the artificial intelligence start-up Cursor that could result in its acquiring the young company for $60 billion. SpaceX is making the deal just as it [2]prepares to go public in what is likely to be one of the largest initial public offerings ever. In a [3]social media post , SpaceX said the combination with Cursor, which makes code-writing software, would "allow us to build the world's most useful" A.I. models.

>

> SpaceX added that the agreement gave it the option "to acquire Cursor later this year for $60 billion or pay $10 billion for our work together." It is unclear if the companies plan to consummate the deal before or after SpaceX's I.P.O., which could happen as early as June. [...] Cursor, which has raised more than $3 billion in funding, was founded in 2022 and made waves as a fast-growing A.I. start-up. It was under pressure in recent months after OpenAI and Anthropic announced competing code-writing products that were embraced by tech companies. Cursor had been in talks to raise funding in recent weeks.



[1] https://www.nytimes.com/2026/04/21/business/spacex-cursor-deal.html

[2] https://slashdot.org/story/26/04/01/2043248/spacex-files-to-go-public

[3] https://x.com/SpaceX/status/2046713419978453374