SpaceX Shares Hit New High as Elon Musk's Firm Agrees to Acquire AI Startup Cursor for $60 Billion
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SpaceX shares reach new highs as Elon Musk's firm agrees to acquire AI startup Cursor for $60 billion in an all-stock deal, making Cursor a wholly owned subsidiary. This move deepens SpaceX's push into AI following its blockbuster IPO, further solidifying the company's position as a leader in the rapidly evolving space and artificial intelligence industries.
The all-stock deal would make Cursor a wholly owned SpaceX subsidiary and deepen the company's push into AI following its blockbuster IPO.