{"id":740999,"date":"2026-06-16T21:54:10","date_gmt":"2026-06-16T21:54:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/740999\/"},"modified":"2026-06-16T21:54:10","modified_gmt":"2026-06-16T21:54:10","slug":"spacex-buys-cursor-in-deal-that-values-the-ai-coding-start-up-at-us60-billion","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/740999\/","title":{"rendered":"SpaceX buys Cursor in deal that values the AI coding start-up at $US60 billion"},"content":{"rendered":"<p>SpaceX has formally agreed to take over Cursor in a deal that values the AI coding start-up at $US60 billion ($85 billion), cementing a key part of Elon Musk\u2019s efforts to catch up with rivals on coding tools.<\/p>\n<p>Cursor investors will have the right to receive SpaceX stock based on the implied $60 billion equity value of the start-up, according to a company filing made on Tuesday.<\/p>\n<p>Loading&#8230;<\/p>\n<p class=\"_137dbe642694dac0-source\">Bloomberg<\/p>\n","protected":false},"excerpt":{"rendered":"SpaceX has formally agreed to take over Cursor in a deal that values the AI coding start-up at&hellip;\n","protected":false},"author":2,"featured_media":741000,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,105],"class_list":["post-740999","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-au","tag-australia","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/740999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=740999"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/740999\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/741000"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=740999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=740999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=740999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}