SpaceX has agreed to acquire Cursor for over $50 billion.

BlockBeats News, April 22, according to sources familiar with the matter cited by The New York Times, SpaceX has agreed to acquire Cursor for over $50 billion. Cursor is a rapidly growing artificial intelligence startup that focuses on developing code writing software. SpaceX is making this acquisition as it prepares for what could be one of the largest IPOs in history.

Founded in 2022, Cursor has raised over $3 billion in funding and has been one of the fastest-growing artificial intelligence startups, causing a sensation. SpaceX had previously stated that Cursor had granted SpaceX the right to acquire Cursor for $60 billion, or SpaceX could choose to pay $10 billion for the results of their collaboration. (Jinse)