Industry
Sources: SpaceX isn't acquiring Cursor immediately because the deal could delay its IPO; Cursor is no longer proceeding with its reported $2B funding round (Bloomberg)
Bloomberg: Sources: SpaceX isn't acquiring Cursor immediately because the deal could delay its IPO; Cursor is no longer proceeding with its reported 2B funding round — SpaceX said it has an agreement
Bloomberg: Sources: SpaceX isn't acquiring Cursor immediately because the deal could delay its IPO; Cursor is no longer proceeding with its reported 2B funding round — SpaceX said it has an agreement giving it the right to acquire artificial intelligence startup Cursor for 60 billion later this year …
Related
- Sources: SpaceX told employees that it has moved up the scheduled date for when shares awarded to employees become eligible for sale from May to April (Bloomberg)
- Analysis and filings: Google owns a ~5% SpaceX stake, down from 6.11% at 2025's end; if SpaceX hits a 2T IPO valuation, Google's stake would be worth 100B (Bloomberg)
- SpaceX says it's working with Cursor to build 'the world's most useful models' and it has the right to acquire Cursor for 60B or pay 10B for the partnership (New York Times)
Source: Techmeme | 2026-04-22