SPACEX IS PLANNING TO BUY STARTUP CURSOR 30 DAYS AFTER IPO

Summary from the TLDR newsletter

SpaceX is expected to file for its IPO as soon as today and list its shares on June 12. It plans to acquire Cursor in July. If the deal doesn't go through, SpaceX will pay Cursor a $10 billion breakup fee in cash. The deal will likely still require regulatory review.