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SpaceX Acquires Cursor for $60 Billion in First Post-IPO Power Move

Jun 17, 2026

SpaceX Acquires Cursor for $60 Billion in First Post-IPO Power Move

SpaceX is buying AI coding startup Cursor for $60 billion in an all-stock deal, its first major acquisition since going public. The deal gives Elon Musk's company access to Cursor's 1 million-plus developers and a foothold in the fast-growing AI coding tools market.

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