SpaceX Turns Its New Stock Into M&A Currency in $60B Cursor Deal
Lucian Nemoiu
Just days after its historic IPO, SpaceX is following through on its announced acquisition: Elon Musk’s space and AI company is buying the AI coding startup Cursor in an all-stock deal worth $60 billion. The details emerge from a regulatory filing that SpaceX submitted on Tuesday. The purchase is being sealed less than two months after the two companies first announced a partnership. The purchase price will be paid entirely in SpaceX shares — meaning none of the $85.7 billion that Musk’s
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