SpaceX says it has agreement to acquire Cursor for $60B

kept by eddie apr 28

SpaceX has a potential deal to acquire AI coding startup Cursor for $60 billion or pay $10 billion for collaboration, sparking debate on valuation and strategy.

VoidZero is joining Cloudflare
VoidZero, the company behind Vite, Vitest, Rolldown, Oxc, and Vite+, is joining Cloudflare; the tools will remain open source and vendor-agnostic, with Cloudflare committing $1M to a Vite ecosystem fund.
also on #acquisitions, #ai-coding, #developer-tools
OpenAI Bought Company That Offered A.I. Tools for Cloning Voices
OpenAI acquired Weights.gg, a social network for creating and sharing AI algorithms, which offered voice-cloning tools.
also on #acquisitions, #ai
Musings on Markets: Revisiting the SpaceX Valuation: A Post-Prospectus Update!
A finance professor updates his SpaceX valuation to $1.3 trillion after the IPO prospectus reveals heavy AI investment, dual-class control, and risky governance.
also on xAI, Elon Musk, SpaceX, Cursor, #startups
Exclusive | SpaceX Seeks Early Index Entry as It Prepares Massive IPO - WSJ
SpaceX advisers are pushing index providers to allow early inclusion in market benchmarks to boost its shares after its planned IPO later this year.
also on xAI, Elon Musk, SpaceX, #startups
The Quiet, Galactic Ambitions of Cursor CEO Michael Truell - Business Insider
Cursor CEO Michael Truell navigated a fraught reliance on Anthropic, built in-house AI models, and struck a deal for a potential $60B acquisition by SpaceX to secure computing power.
also on Elon Musk, SpaceX, Cursor, #startups, #ai-coding, #developer-tools