SPACEX SAYS IT CAN BUY CURSOR LATER THIS YEAR FOR $60 BILLION OR PAY $10 BILLION FOR ‘OUR WORK TOGETHER'

Summary from the TLDR newsletter

SpaceX claims to have obtained the rights to buy Cursor for $60 billion later this year or pay $10 billion for the work the companies are doing together. SpaceXAI and Cursor are working to create the world's best coding and knowledge work AI. Cursor is currently in talks to raise $2 billion in a funding round that includes Andreessen Horowitz, Nvidia, and Thrive Capital. The partnership will help SpaceXAI catch up to competitors like OpenAI's Codex and Anthropic's Claude.