SpaceX Strikes Deal With Cursor for $60 Billion
The New York Times • • business
Key Points:
- SpaceX has announced a deal with AI start-up Cursor, which could lead to SpaceX acquiring Cursor for $60 billion or paying $10 billion for their collaboration.
- Cursor specializes in code-writing software, and the partnership aims to help SpaceX build advanced AI models.
- The deal comes as SpaceX prepares for a potential IPO as early as June, though it is unclear if the acquisition will be completed before or after the public offering.
- Elon Musk, who has a growing interest in AI, has previously co-founded OpenAI and established xAI, and has been steering SpaceX towards AI projects including AI data centers and chip factories.
- Musk views his space exploration and AI ambitions as interconnected, believing that deploying data centers in space is key to making humans a multiplanetary species.
