Following SpaceX's IPO on June 12 — the biggest in history, which made Elon Musk a trillionaire — the stock price dipped just days later when the company announced the acquisition of AI coding agent ...

SpaceX is buying a highflying, fast-growing artificial-intelligence startup as it seeks to make its Grok model more competitive. On Tuesday, as SpaceX’s stock SPCX boomed, the company said it would ...

SpaceX has agreed to buy AI startup Cursor for $60 billion in stock, concluding a deal that was first announced earlier this year. In April, the two companies signed a partnership that saw SpaceX ...

Siladitya Ray is a New Delhi-based Forbes news team reporter. SpaceX's acquisition announcement comes just days after it made its public market debut with a record breaking IPO. In a Securities and ...

The deal will help to bolster the company's efforts to compete with rivals like Anthropic and OpenAI, which also offer popular coding tools.

June 16 (Reuters) - Elon Musk's SpaceX (SPCX.O), opens new tab is buying the startup behind the popular AI coding agent Cursor, Anysphere, for $60 billion in an all-stock deal to boost its presence in ...

SpaceX will acquire AI coding tool Cursor for $60 billion in an all-stock transaction, the companies announced today. The deal is expected to close in the third quarter. It comes just two days after ...

SpaceX will move forward with its $60 billion acquisition of artificial intelligence startup Cursor as Elon Musk's space exploration and AI company seeks a competitive edge against rivals Anthropic ...

SpaceX will move forward with its $60 billion acquisition of artificial intelligence startup Cursor as Elon Musk‘s space exploration and AI company seeks a competitive edge against rivals Anthropic ...

SpaceX has announced the $60 billion acquisition of AI coding assistant Cursor to aggressively bolster Elon Musk’s xAI division and challenge market rivals OpenAI and Anthropic. Cursor, a pioneer in ...

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This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. SpaceX, the rocket company that now owns xAI and the Colossus supercomputer, has struck a ...