SpaceX SPCX announced that it will exercise its option to acquire the artificial intelligence coding platform Cursor for $60 billion in equity. Why it matters: SpaceX is aggressively investing in its ...

For over 5 years, Arthur has been professionally covering video games, writing guides and walkthroughs. His passion for video games began at age 10 in 2010 when he first played Gothic, an immersive ...

SpaceX also locks Cursor at a set value for its potential purchase, which, at the rate Cursor's valuation has grown, is a victory in itself. Cursor was valued at just $2.5 billion in January 2025, but ...

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Elon Musk celebrates the SpaceX IPO last week. (Nasdaq Photo) Shares of SpaceX surged Tuesday morning, pushing the Elon Musk-led company above Amazon and into a neck-and-neck race with Microsoft for ...

SpaceX announced it will acquire the AI coding startup Cursor for $60 billion in an all stock transaction. The Cursor deal could bolster SpaceX efforts to compete with rivals like Anthropic and OpenAI ...

Shares of SpaceX surged Tuesday morning, pushing the Elon Musk-led company above Amazon and into a neck-and-neck race with Microsoft for the title of the world’s fourth-most valuable public company, ...

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, ...

Over the past 12 months, large-value stocks and the broader market have traded the lead in their performance race several times. The Morningstar US Market Index has outperformed the Morningstar US ...

SpaceX has formally agreed to take over Cursor in a deal that values the AI coding start-up at $US60 billion ($85 billion), cementing a key part of Elon Musk’s ...