SpaceX has finalized a $60 billion acquisition of AI coding startup Cursor, founded by 25-year-old former Google intern Michael Truell. The deal marks one of Silicon Valley's biggest success stories, …
SpaceX has acquired Cursor, a competitor to Claude Code and OpenAI's Codex, for $60 billion in June 2026, following a $10 billion partnership in April. The deal aims to leverage xAI's Colossus infrast…
Elon Musk's SpaceX has overtaken Amazon to become the world's fifth most valuable company after its share price surged more than 50% following its Nasdaq listing. The boost came as SpaceX announced it…
Elon Musk's SpaceX IPO, which includes Starlink and xAI, has been approved by U.S. regulators, generating $75 billion for Musk despite widespread criticism that the valuation is inflated and the compa…
OpenAI's leaked 2025 financials reveal a $38.5 billion loss as the company prepares for its IPO, causing market participants to lower the probability of the IPO occurring by December 31, 2026 from 56%…
SpaceX acquired Anysphere, the startup behind AI coding editor Cursor, in a $60 billion all-stock deal announced four days after SpaceX's Nasdaq IPO. The acquisition, expected to close in Q3 2026, giv…
SpaceX has revealed plans to build orbital AI data centers using a constellation of up to one million satellites, as reported by Reuters on June 9. The initiative aims to move AI inference infrastruct…
SpaceX made its $60bn acquisition of Anysphere, the startup behind AI coding tool Cursor, official in a Tuesday SEC filing. The all-stock deal comes days after SpaceX's record IPO and aims to bolster …
SpaceX has secured a call option to acquire Anysphere, the company behind AI code editor Cursor, for $60 billion. The deal comes as SpaceX prepares for an IPO, with Cursor generating $4 billion in ann…
SpaceX confirmed on June 16 it will acquire Anysphere, the company behind AI coding agent Cursor, for $60 billion in an all-stock deal, according to Reuters and Business Insider. The acquisition, expe…
SpaceX announced it is acquiring AI coding platform Cursor for $60 billion, aiming to bolster its enterprise AI capabilities and compete with rivals like Anthropic and OpenAI. The deal, expected to cl…
SpaceX has agreed to acquire AI coding startup Cursor for $60 billion in stock, days after its historic IPO. The deal aims to bolster SpaceX's AI division, which has faced controversies and restructur…
SpaceX has finalized a $60 billion deal to acquire AI startup Cursor, marking one of the largest takeovers in the tech industry. The acquisition positions SpaceX to integrate advanced AI capabilities …
SpaceX announced it is acquiring AI coding startup Cursor for $60 billion, marking its first major acquisition after a record-breaking IPO. The deal, expected to close in Q3 2026, will make Cursor a w…
SpaceX will acquire AI startup Anysphere, developer of the Cursor coding tool, for $60 billion in an all-stock deal. Anysphere shareholders will receive SpaceX Class A shares, with the transaction exp…
OpenAI's leaked financial statements reveal $21 billion in losses against $13 billion in revenue for 2025, with total costs and expenses reaching $34 billion. The company's losses far outstrip sales, …
Top 10 foundries saw 3.7% QoQ revenue growth in Q1 2026, driven by AI and consumer electronics, according to TrendForce. TSMC's market share grows on advanced AI chips, while SMIC gains from consumer …
Perplexity CEO Aravind Srinivas said on the "20VC" podcast that Nvidia CEO Jensen Huang taught him to "always stay on your toes" with a mentality that Nvidia could be "30 days away from going out of b…
Perplexity CEO Aravind Srinivas shared two founder lessons from Nvidia CEO Jensen Huang and Tesla CEO Elon Musk on the '20VC' podcast, emphasizing Huang's mentality of being 30 days from going out of …
The EU's AI Act, effective August 2024, has stifled innovation by focusing on regulation while the US and China advanced in AI, leaving Europe behind. The UK, post-Brexit, has leveraged regulatory fre…