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SpaceX officially closes its Cursor acquisition

CN
CitrixNews Staff
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SpaceX officially closes its Cursor acquisition

AI coding startup Cursor is now officially a part of SpaceX, according to an announcement on the Cursor blog.

Elon Musk’s SpaceX — which also acquired Musk’s xAI earlier this year — announced a deal in April for the companies to develop technology together; the deal also gave SpaceX the option to acquire Cursor for $60 billion. Two months later, as SpaceX became a public company, the companies said they were moving forward with the acquisition.

Originally reported by TechCrunch. Read the full story at the original source.