Around the time ChatGPT and Github’s Copilot brought AI to the masses, four MIT classmates with backgrounds in computer science and finance decided they wanted in. They just didn’t quite know how.

Newly public SpaceX Corp. today announced plans to acquire Cursor, the developer of a popular vibe coding platform, for $60 billion in stock. The companies expect to close the transaction by the end ...

SpaceX (SPCX) disclosed this morning that it is officially acquiring artificial intelligence startup Anysphere, the maker of Cursor, for $60B in stock. The disclosure follows the curious announcement ...

The world’s first trillionaire, Elon Musk, is not wasting any time building up SpaceX’s AI credentials after the company’s history-making IPO. SpaceX has agreed to acquire Anysphere, the parent ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

SpaceX has agreed to buy AI startup Cursor for $60 billion in stock, concluding a deal that was first announced earlier this year. In April, the two companies signed a partnership that saw SpaceX ...

SpaceX has made it official. In a filing on Tuesday, Elon Musk’s newly public rocket company said it had signed a binding agreement to buy Anysphere, the startup behind the popular AI coding tool ...

Fresh off its blockbuster IPO, Musk’s company wants to catch up to OpenAI and Anthropic in enterprise AI. Fresh off its blockbuster IPO, Musk’s company wants to catch up to OpenAI and Anthropic in ...

SpaceX will move forward with its $60 billion acquisition of artificial intelligence startup Cursor as Elon Musk’s space exploration and AI company seeks a competitive edge against rivals Anthropic ...

Why it matters: SpaceX is acquiring Anysphere, the San Francisco startup behind the popular AI coding assistant Cursor, in an all-stock deal valued at $60 billion. This is the largest acquisition of a ...

SpaceX will acquire AI coding tool Cursor for $60 billion in an all-stock transaction, the companies announced today. The deal is expected to close in the third quarter. It comes just two days after ...

Analysts differ on the likely impact, some arguing that the deal gives Cursor the compute expansion it needs, while others worry that Cursor’s trustworthiness could be threatened. When SpaceX on ...