SpaceX eyes $60bn Cursor deal

SpaceX is positioning itself as a major player in the AI sector by striking a massive deal with the coding automation platform Cursor.

The agreement allows SpaceX to either buy the startup outright for $60 billion later this year or establish a long-term partnership with a $10 billion payout.

This strategic maneuver is intended to bolster SpaceX's internal AI capabilities, particularly for its xAI division, as it prepares for a historic public listing in June.

Analysts suggest the deal could help SpaceX compete with rivals like OpenAI and Anthropic in the race for 'vibe coding' dominance.