SpaceX's (SPCX) planned acquisition of AI coding platform Cursor could significantly strengthen the company's artificial intelligence ambitions by bringing together computing infrastructure, software and users under one roof,

How the hottest AI coding company navigated its situationship with Anthropic and hitched its fate to Elon Musk's chaotic rocket.

SpaceX agreed to acquire Anysphere, the developer of AI coding platform Cursor, in a $60 billion all-stock transaction.

The market has spent years viewing SpaceX (NASDAQ:SPCX) primarily as a rocket company, but that narrative no longer fits. The company’s historic IPO, which raised $85.7 billion after underwriters exercised the so-called “greenshoe” overallotment — with the stock currently valued at more than $2.

Elon Musk’s SpaceX has announced that it will acquire AI -powered coding startup Cursor for $60 billion, as it looks to re-enter the race to develop state-of-the-art coding agents. The move comes as Musk works to improve the coding capabilities of his Grok family of AI models.

Days after SpaceX's massive initial public offering, which made CEO Elon Musk the world's first trillionaire, the company announced Tuesday it was purchasing Bay Area artificial intelligence startup Cursor for $60 billion.