How SpaceX preempted a $2B fundraise with a $60B buyout offer
Cursor was on track to close a $2 billion fundraise this week, but chose to halt the round after SpaceX offered a $10 billion "collaboration fee" and a path to a $60 billion acquisition.
- Andreessen, Thrive Poised for Windfall From SpaceX’s Cursor Bid Bloomberg —
- What smart people are saying about SpaceX's $60 billion deal with Cursor: 'The Hunger Games have just begun' Business Insider —
- Exclusive: SpaceX targets in-house GPUs as it warns investors of chip supply, costs - Reuters Reuters —
- Microsoft looked at buying Cursor before SpaceX deal, sources say CNBC —
- Microsoft looked at buying Cursor before SpaceX deal: report Seeking Alpha —