SpaceX Secures $60B Option to Acquire AI Startup Cursor

SpaceX has secured the option to acquire AI startup Cursor for $60 billion, with the potential for a $10 billion investment in exchange for partial ownership .

The deal was announced as SpaceX prepares to go public, and marks the company's latest move in the rapidly growing AI space .

Cursor, which developed an AI coding tool, has reportedly been in talks to raise its own $2 billion round of funding at a valuation above $50 billion .

The acquisition would be subject to certain conditions and could potentially close later this year, with SpaceX committing to invest $10 billion in the company in the meantime.