What Happened
Elon Musk's Rocket Firm Invests in AI Coding Startup
SpaceX has completed a $60 billion all-stock acquisition of AI coding startup Cursor, marking a significant expansion of its AI capabilities. The deal is intended to support developer-focused AI tools and services, and will be integrated into SpaceX’s xAI division. This move may signal a growing focus on AI infrastructure and services for the company, as reported by various sources, including Simply Wall St.