science
SpaceX to Acquire Coding Assistant Cursor for $60 Billion in Stock
SpaceX announced it will acquire the artificial coding assistant Cursor for $60 billion in stock. The deal comes days after SpaceX completed its initial public offering.
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SpaceX said Tuesday it will acquire the artificial coding assistant Cursor for $60 billion in stock. The deal was disclosed in a securities filing. It follows SpaceX's initial public offering completed last week.
The transaction will be completed entirely in stock.
No additional financial terms were released in the filing. Cursor provides an artificial intelligence-powered tool designed to assist programmers with writing code.
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