SpaceX acquires AI coding platform Cursor for $60 billion
Separately, neither could compete. Now they hope they can.
AI Insider·
Orbital, a Los Angeles-based startup founded by former e-scooter entrepreneur Euwyn Poon, has raised a $5 million seed round led by Andreessen Horowitz’s Speedrun accelerator to develop orbital data centers capable of running AI inference workloads in space. The company, which counts roughly a dozen employees with experience at SpaceX, Amazon LEO, and Northrop Grumman, […]
Read full articleSeparately, neither could compete. Now they hope they can.
SpaceX has climbed to a market value of nearly $2.93 trillion after its shares jumped more than 17%, briefly pushing Elon Musk’s aerospace company ahead of both Amazon and Microsoft in the global corporate rankings. According to data from Yahoo…
TechCrunch has followed SpaceX's start, struggles, and successes from the early days. And we're here for what happens next too. This package of SpaceX IPO coverage includes who stands to win (and maybe some who won't), pre-IPO deals, and what's tucked inside its S-1 registration document.
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SpaceX has agreed to acquire AI coding startup Cursor in a $60 billion all-stock deal, just days after completing the largest IPO in history, which raised nearly $86 billion and debuted the company at a $1.7 trillion valuation. Since going public on Friday, SpaceX stock has climbed from its IPO price of $135 to more […]