SpaceX's stock appreciated by the entire $60 billon price of Cursor in just a matter of hours on its first day of trading, showing the power of Elon Musk's new acquisition supercurrency.

The 30-day AI coding trial.

SpaceX will buy Cursor parent Anysphere in a $60B all-stock deal, giving Elon Musk’s company a major AI coding asset days after its IPO.

Just days after its record-setting Nasdaq debut, SpaceX officially agreed to buy Anysphere, the startup behind AI coding tool Cursor, in a $60 billion all-stock deal. The deal also positions SpaceX as one of the largest buyers of VC-backed companies,

Siladitya Ray is a New Delhi-based Forbes news team reporter. SpaceX's acquisition announcement comes just days after it made its public market debut with a record breaking IPO. In a Securities and Exchange Commission filing, SpaceX said it will acquire ...

June 16 (Reuters) - Elon Musk's SpaceX said on Tuesday it would acquire Anysphere, the software firm behind the popular AI coding agent Cursor, for $60 billion, in a bid to ramp up its presence in the enterprise AI market.

SpaceX will acquire AI coding platform Cursor in an all-stock deal worth $60 billion, the company said in a filing Tuesday. The deal comes after SpaceX initially partnered with Cu

Morningstar cut its fair value estimate to $62 from $63 after the Cursor acquisition, implying a 69% downside from current levels.