SpaceX is officially buying Cursor for $60 billion

SpaceX is buying Cursor for $60 billion to gain an edge over AI rivals and win enterprise customers. This deal was expected after SpaceX announced a $60 billion acquisition or $10 billion breakup fee in April. The deal is expected to close in Q3 2026. This acquisition will expand SpaceX's capabilities in AI and programming. The deal's impact on the tech industry remains to be seen.