SpaceX Acquires AI Startup Cursor

Elon Musk’s SpaceX is making a massive bet on artificial intelligence with the acquisition of Cursor, a leading startup in AI-assisted coding.

The agreement gives SpaceX the option to buy the firm for $60 billion later this year or pay $10 billion for their collaborative work to date.

This strategic move comes as SpaceX financials reveal eye-popping profit margins for its Starlink division, further fueling investor interest.

As the company prepares for its highly anticipated IPO, the integration of advanced AI coding tools is expected to provide a significant competitive advantage in both satellite and rocket manufacturing.