SpaceX closes $60 billion Cursor deal: CEO Elon Musk calls it 'honour'

SpaceX has officially completed its $60 billion acquisition of artificial intelligence (AI) coding startup Cursor, cementing one of the largest corporate takeovers in the technology sector just two months after its landmark IPO. The transaction formally integrates Cursor's engineering staff into the SpaceX AI division, aligning the startup's code-generation software with SpaceX's expanding suite of AI tools, including the Grok model family.