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928 SpaceX finalizes $60 billion deal to acquire Cursor

The Information
Grace Kay @ The Information · 06/16/2026 08:13 EDT

SpaceX announced it agreed to buy AI coding startup Cursor for $60 billion on Tuesday. The announcement came only a few days after SpaceX went public at a valuation of about $1.77 trillion. Since the IPO, SpaceX stock has risen 42% to close on Monday at $193.50, valuing it at $2.5 trillion. The ...

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