SpaceX bids for AI startup

SpaceX is in advanced talks to acquire Cursor for $60 billion, a move that would significantly expand Elon Musk's footprint in artificial intelligence.

The offer reportedly includes a $10 billion 'collaboration fee' and has led Cursor to halt its planned $2 billion independent fundraising round.

Analysts suggest the acquisition is designed to integrate advanced AI coding capabilities into SpaceX and Tesla's engineering workflows.

The deal would also provide a massive windfall for early investors including Andreessen Horowitz and Thrive Capital.