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US media: SpaceX reportedly agrees to acquire Cursor for over $50 billion

Deep Tide TechFlow News, April 22nd, according to The New York Times citing two informed sources, SpaceX has agreed to acquire Cursor for over $50 billion. Cursor is a rapidly growing AI startup focused on developing code-writing software. SpaceX is proceeding with this deal as it prepares for what could be one of the largest IPOs in history.

Founded in 2022, Cursor has raised over $3 billion in funding and has once stirred excitement as one of the fastest-growing AI startups. SpaceX previously stated that Cursor has granted SpaceX the right to acquire Cursor for $60 billion, or SpaceX may alternatively opt to pay $10 billion for the collaborative achievements of both parties. (Jin10)