SpaceX buys AI coding startup Cursor
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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’s unprecedented IPO and a few months after the merger of SpaceX and xAI,
On a recent Diet TBPN segment, John Coogan and callers Quinn Thompson and Nick Carter spent a chunk of the show trying to make sense of what happened to SpaceX’s (NASDAQ:SPCX) after-hours quote and what it meant for a deal most retail investors had never heard of.
