SpaceX Gains Option to Acquire Cursor for $60 Billion

SpaceX holds an option to buy startup Cursor for $60 billion later this year. The company may instead choose to pay $10 billion to work with the firm.

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SpaceX has secured a strategic option to acquire the AI-driven code-generation startup Cursor for $60 billion later this year. The agreement, announced on Tuesday, provides Elon Musk’s aerospace firm with the flexibility to either finalize a full acquisition or pay a $10 billion fee to establish a collaborative partnership.

An illustration of the SpaceX logo, captured on March 10, 2025. REUTERS/Dado Ruvic/Illustration
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