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The Economic Times
The Economic Times

SpaceX to acquire AI coding company Cursor for $60 billion

Elon Musk's SpaceX is buying the startup behind the popular AI coding agent Cursor, Anysphere, for $60 billion in an all-stock deal to boost its presence in the lucrative enterprise AI tools market.

Tuesday's deal follows a blockbuster Nasdaq debut for the rockets-to-AI company last week, in which its valuation surged to more than $2 trillion.

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