SpaceX finalizes $60 billion deal to acquire Cursor

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 ...