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SpaceX to acquire the AI coding startup Cursor for $60 billion
Posted on 6/16/26 at 1:52 pm
Posted on 6/16/26 at 1:52 pm
quote:
LINK
SpaceX
on Tuesday announced it entered a formal agreement to buy the artificial intelligence startup Cursor for $60 billion worth of stock, a hotly anticipated deal.
The announcement comes just days after Elon Musk’s rocket-maker debuted on the Nasdaq in the biggest initial public offering ever.
Cursor built a popular AI coding tool that helps software developers generate, edit and review code, and the company has experienced explosive growth since its founding in 2022.
quote:
Musk merged SpaceX with his AI startup, xAI, earlier this year, and the Cursor deal looks set to help revitalize the company’s efforts to compete with rivals like Anthropic and OpenAI, which also offer popular coding tools.
7
Posted on 6/16/26 at 2:05 pm to member12
Cursor is a Nebius customer 
As a NBIS investor I’ll take 330bn from Elon, but not a dollar less :)
As a NBIS investor I’ll take 330bn from Elon, but not a dollar less :)
Posted on 6/16/26 at 2:38 pm to member12
As I started in the other thread. This looks like they should break the deals with Google and anthropic on the rental of Colossus data center.
Probably going to hurt near term revenue for sure, but they were going to lose money no matter what
Probably going to hurt near term revenue for sure, but they were going to lose money no matter what
Posted on 6/16/26 at 2:52 pm to member12
Imagine sitting in jail watching this happen.
Loading Twitter/X Embed...
If tweet fails to load, click here.Posted on 6/16/26 at 3:00 pm to member12
Does this mean the TESLA acquisition is off the table?
Posted on 6/16/26 at 3:18 pm to BottomlandBrew
quote:Who was allowed to buy FTX's stake?
Imagine sitting in jail watching this happen.
Also, I believe Cursor was founded in 2022 by 4 MIT kids, some of whom dropped out.
The start up economics are insane now. $60B in 4 years!
Posted on 6/16/26 at 3:20 pm to BottomlandBrew
I’ll bet he was already numb from watching the administrator liquidate FTXs BTC at $60k before it ran to $120k.
Posted on 6/16/26 at 3:44 pm to member12
Guess I should have tried to get in at 150. Oh well.
Posted on 6/16/26 at 5:50 pm to member12
I googled this company and it looks like 2 of the founders are Indians
Posted on 6/16/26 at 9:25 pm to member12
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