Musk is going for the AI crown with SpaceX! $60 billion is on the table for the acquisition of Cursor!
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Strategic Mega Acquisition: SpaceX acquires AI specialist Cursor for $60 billion in stock Fifth most valuable US company: The stock price surge to around $225 drives the market capitalization to $2.84 trillion High fundamental risks: The valuation corresponds to 40 times the expected revenue for 2027 "The combination of Cursor's leading product and SpaceX's Colossus training supercomputer will enable us to build the most useful models in the world,” announced Elon Musk via X. Shortly after the largest IPO in history, the aerospace...
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