SpaceX Officially Closes $60 Billion Acquisition of AI Startup Cursor

SpaceX has officially finalized its massive $60 billion all-stock acquisition of AI coding startup Cursor, integrating the firm directly into the SpaceXAI product group to accelerate the development of Grok. Announced on August 14, 2026, the completion of the deal follows an initial partnership established in April and a formal SEC filing in June, cementing … Read more