{"id":603074,"date":"2026-04-24T06:01:23","date_gmt":"2026-04-24T06:01:23","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/603074\/"},"modified":"2026-04-24T06:01:23","modified_gmt":"2026-04-24T06:01:23","slug":"spacex-strikes-60-billion-deal-for-the-right-to-buy-ai-coding-startup-cursor","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/603074\/","title":{"rendered":"SpaceX strikes $60 billion deal for the right to buy AI coding startup Cursor"},"content":{"rendered":"\n

SpaceX (SPAX.PVT<\/a>) on Tuesday announced<\/a> that it had struck a deal with AI coding tool maker Cursor that gives SpaceX the option to purchase the startup later this year for $60 billion.<\/p>\n

\u201cSpaceXAI and @cursor_ai<\/a> are now working closely together to create the world\u2019s best coding and knowledge work AI,\u201d the post said.<\/p>\n

\u201cThe combination of Cursor\u2019s leading product and distribution to expert software engineers with SpaceX\u2019s million H100 equivalent Colossus training supercomputer will allow us to build the world\u2019s most useful models,\u201d the post said. \u201cCursor has also given SpaceX the right to acquire Cursor later this year for $60 billion or pay $10 billion for our work together.\u201d<\/p>\n

Cursor was developed by Anysphere, a San Francisco startup founded in 2022 that has raised more than $3 billion and is in talks to secure more funding.<\/p>\n

The deal is part of SpaceX CEO Elon Musk\u2019s plan to transform the rocket company into an AI behemoth ahead of its upcoming IPO. Musk merged SpaceX with his xAI startup in February.<\/p>\n

\"FILE Elon Musk attends the finals for the NCAA wrestling championship on March 22, 2025, in Philadelphia. (AP Photo\/Matt Rourke) \u00b7 ASSOCIATED PRESS <\/p>\n

The SpaceX-Cursor tie-up also shows how AI startups continue to find larger partners in order to secure the compute needed to continue improving their models.<\/p>\n

Earlier this week, for instance, Amazon (AMZN<\/a>) announced<\/a> a $5 billion investment in Anthropic (ANTH.PVT<\/a>) that will give the AI startup broader access to its trainium chips.<\/p>\n

The SpaceX IPO, targeted for June, is aiming for a $1.75 billion to $1.8 trillion valuation, potentially making it the largest in history.<\/p>\n

Click here for the latest technology news that will impact the stock market<\/a><\/p>\n

Read the latest financial and business news from Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"SpaceX (SPAX.PVT) on Tuesday announced that it had struck a deal with AI coding tool maker Cursor that…\n","protected":false},"author":2,"featured_media":603075,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,181,507,3052,1513,74],"class_list":{"0":"post-603074","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-cursor","12":"tag-spacex","13":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/603074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=603074"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/603074\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/603075"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=603074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=603074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=603074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}