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SpaceX Shares Hit New High as Elon Musk's Firm Agrees to Acquire AI Startup Cursor for $60 Billion
The all-stock deal would make Cursor a wholly owned SpaceX subsidiary and deepen the company's push into AI following its blockbuster IPO.
Decrypt — 16 June 2026
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The all-stock deal would make Cursor a wholly owned SpaceX subsidiary and deepen the company's push into AI following its blockbuster IPO.
This report comes from Decrypt. The story centres on SpaceX Shares Hit New High as Elon Musk's Firm Agrees to Acquire AI Startup Cursor for $60 Billion. Full coverage and background context is available at the original source. Readers seeking more detail on this developing topic are encouraged to follow updates from Decrypt and related outlets covering this beat.
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