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SpaceX Acquires Cursor AI for $60 Billion
The AI coding company founded as a college project reached a $60 billion deal with Elon Musk’s SpaceX, led by its 25-year-old CEO.
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Cursor AI was acquired by SpaceX for $60 billion. The transaction moves the AI coding company from a college passion project to ownership by Elon Musk’s space firm. Michael Truell, the 25-year-old CEO identified by the handle @mntruell, led the company through its growth.
@FortuneMagazine reported the details of the acquisition and the founder’s role. Cursor AI originated as a college passion project before reaching the valuation that prompted the sale. The company’s trajectory ended with the $60 billion transaction announced in the report.
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