SpaceX to buy Cursor for $60 billion
SpaceX has signed an agreement to acquire the AI service Cursor at a valuation of $60 billion. The deal will be conducted in SpaceX Class A shares; the exchange ratio will be calculated based on the volume-weighted closing price over the seven trading days before completion.
Closing is expected in Q3 2026 following regulatory approvals. In April, SpaceX secured the right to buy Cursor for $60 billion or to pay $10 billion under a joint collaboration agreement between the companies.
Source: ForkLog
Subscribe and read the latest posts about earning online
Your subscription request has been successfully submitted! A message confirming successful subscription to the news and registration on the site has been sent to your email. The email contains a link that you need to follow to activate your account and subscription.
Cryptocurrency News
Random quote about money
"Жизнь — игра, а деньги — способ вести счет."
Interesting posts in other sections of the blog
Information
Users of Guests are not allowed to comment this publication.
* to search the proxy database, just enter a country name, e.g. Russia, USA, Thailand