SpaceX Completes $60 Billion Acquisition of Cursor to Accelerate Grok Coding Capabilities
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Elon Musk's SpaceX has finalized its $60 billion acquisition of Cursor, the AI-powered coding platform, marking a major consolidation in the competitive developer AI market. The deal closed on August 14, 2026, following an April announcement of a purchase option that gave SpaceX the choice to either acquire Anysphere (Cursor's parent company) outright or establish a $10 billion partnership.
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