SpaceX reached a deal with AI coding startup Cursor giving it the right to acquire the company for $60B later this year or pay $10B for joint work. SpaceX said it is working with Cursor to build coding and knowledge work AI. Cursor is separately raising $2B at a valuation above $50B. The deal follows Elon Musk's February merger of SpaceX with xAI, valued at $1.25T, with plans to take the combined company public.
