SpaceX eyes $60B Cursor deal

Elon Musk is positioning SpaceX as a dominant player in the 'vibe coding' race by striking a massive deal with Silicon Valley startup Cursor.

The agreement allows SpaceX to either buy the firm outright or pay a substantial fee for exclusive collaboration on AI-driven software development.

This strategic maneuver aims to integrate advanced coding capabilities into SpaceX's operations and its sister AI lab, xAI, ahead of a highly anticipated market debut.

Analysts suggest the deal complicates the SpaceX IPO narrative by raising questions about the future of Musk's various technology ventures and their interconnectedness.