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deep tech TNW May 19, 2026

SpaceX plans to buy Cursor for $60 billion once its record IPO wraps

SpaceX plans to buy Cursor for $60 billion once its record IPO wraps
AI Summary

SpaceX expects to complete its $60 billion acquisition of AI coding startup Cursor roughly 30 days after it begins trading publicly, according to Bloomberg, a timeline that would place the deal in July if the company’s blockbuster IPO proceeds on schedule. The rocket, satellite, and artificial intelligence conglomerate is planning to file its public IPO prospectus as […] This story continues at The Next Web

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