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SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI

by Associated Press
| June 16, 2026 3:40 PM

SpaceX will move forward with its $60 billion acquisition of artificial intelligence startup Cursor as Elon Musk's space exploration and AI company seeks a competitive edge against rivals Anthropic and OpenAI after its Wall Street debut last week.

SpaceX said in April that it had the rights to buy Cursor, or pay $10 billion to “work together” with the company.

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