SpaceX completes Cursor's $60-billion acquisition

SpaceX has officially completed its acquisition of AI coding startup Cursor as part of a $60-billion transaction, hoping to close the gap with OpenAI and Anthropic. Cursor became a standout in the vibe-coding boom through its coding assistant that lets programmers generate, edit and debug code through natural-language prompts. The deal will reportedly make Cursor's four co-founders billionaires.