SpaceX officially closes its Cursor acquisition
AI coding startup Cursor is now officially a part of SpaceX.
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Sources: Cursor in talks to raise $2B+ at $50B valuation as enterprise growth surges
Returning backers a16z and Thrive are expected to lead the round.
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SpaceX is working with Cursor and has an option to buy the startup for $60B
The move could shore up weaknesses at each company, but it also reveals them. Neither Cursor nor xAI has proprietary models that can match the leading offerings from Anthropic and OpenAI — the same companies now competing directly with Cursor for the developer market.
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How SpaceX preempted a $2B fundraise with a $60B buyout offer
Cursor was on track to close a $2 billion funding round this week but chose to halt discussions after SpaceX offered a $10 billion “collaboration fee” and a path to a $60 billion acquisition.
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Replit’s Amjad Masad on the Cursor deal, fighting Apple, and why he’d rather not sell
At TechCrunch’s sold-out StrictlyVC event in San Francisco on Thursday night, we covered a lot of ground in a short time, beginning with the question everyone in the industry is asking right now: In a world where rival Cursor is reportedly in talks to be acquired by SpaceX for $60 billion, is Replit also bound to sell?
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SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO
The deal is supposed to help SpaceX’s struggling AI division. The company told IPO investors it sees a $26 trillion addressable market in AI.
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Cursor now has a mobile app for guiding your coding agent on the go
Cursor has launched a new mobile app for remote oversight over coding agents.
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Cursor makes its biggest India push yet ahead of SpaceX acquisition with localized pricing
Cursor says India is now its third-largest market globally and plans to expand local hiring and enterprise sales.
