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.
Jacksonville, Florida, Georgia Weather Radar | News4JAX | WJXT Cynthia Garris unopposed in St. Augustine mayor candidacy; will become city’s first Black mayor in December From Jacksonville to Juilliard: Jahaan Sweet’s desire to collaborate earned him respect from music industry megastarsFILE - SpaceX's mega rocket Starship prepares for a test flight from Starbase in Boca Chica, Texas, Monday, Nov. 18, 2024.
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 itsIn a regulatory filing Tuesday, SpaceX said that Cursor will become a wholly owned subsidiary when the deal closes in the third quarter. Cursor, made by San Francisco startup Anysphere, is a popular AI coding assistant.
What SpaceX has described as Cursor's wide “distribution to expert software engineers” is likely part of what made it attractive to Musk's company, giving it access to a new customer base. When it first announced the potential acquisition, Cursor said the partnership with SpaceX subsidiary xAI would enable it to build future AI products using xAI's massive AI data center complex Colossus, based in Memphis, Tennessee.
Cursor competes with other coding tools like Anthropic's Claude Code and OpenAI's Codex but also has relied heavily on partnerships with those larger AI research companies for the foundations of its technology. It was Cursor’s Composer, combined with Anthropic’s Claude Sonnet, that a prominent AI researcher was playing with for weekend projects when he coined the phrase “vibe coding" in early 2025. SpaceX became a public company on Friday in what is largely considered a successful debut.
Shares of the company have jumped since Friday, and are up 9% before the opening bell Tuesday. Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
FDOT begins $19.9M project to upgrade St. Augustine seawallBackstory on Jaguars kicker Cam Little's bleach blonde locks‘The symbol of our city:’ Historic Kate’s Tree in Fernandina Beach damaged in stormWoman killed in hit-and-run found by passing patrol officer: JSOExpect triple-digit feels-like temperatures todayUSA fans at The Block watch party on Friday hyped for the opening FIFA World Cup matchBosnian fans react to their county's first goalShare something about the 14-year-old on e-bike killed in tragic crash in Clay County‘They had rifles pointed at my babies’: Jacksonville mom recounts terrifying swatting prank
Please follow us on Google to support us Business Claude Sonnet Elon Musk Claude Code
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump's ban on foreign access to new Anthropic models sparks tech backlashThe company has blocked all access to its Fable 5 and Mythos 5 models after the government ordered a suspension for foreigners.
Read more »
Carney Warns of AI Overreliance After U.S. Curbs on Anthropic ModelsCanadian Prime Minister Mark Carney cautions against overdependence on U.S. AI technology following new export controls on Anthropic's advanced models, linking the move to Canada's push for diversified trade and innovation ahead of the G7 summit.
Read more »
Amazon’s Smart Thermostat is on sale for just $58It’s under $60 for the first time this year.
Read more »
SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAISpaceX 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.
Read more »