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news Cloud Startup Lol 2026-06-22

SpaceX Acquires AI Coding Startup Cursor for $60 Billion Post-IPO

Days after its record-breaking IPO, SpaceX announced the acquisition of AI coding tool Cursor for $60 billion in an all-stock transaction. This move signals SpaceX's aggressive push into artificial intelligence and aims to integrate Cursor's capabilities with its xAI arm.

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