SpaceX has completed its acquisition of artificial intelligence startup Cursor for $60 billion, following Cursor’s recent initial public offering (IPO). The deal, reported by Bloomberg, signifies SpaceX’s increased investment in and focus on AI development. In the weeks leading up to the finalization, SpaceX employees from its xAI division have been actively collaborating with Cursor’s team. This collaboration has centered on coding and data processing, suggesting a rapid integration of Cursor’s technology into SpaceX’s existing AI initiatives. The acquisition aims to bolster SpaceX’s capabilities in areas crucial for advancements in autonomous systems and data analysis. Financial details were confirmed after Cursor’s public market debut. This move positions SpaceX to compete more effectively in the rapidly evolving AI landscape.