SPACEX ACQUIRED CURSOR

Pinkspider

20:20

BREAKING: SpaceX is acquiring Cursor in a $60 billion all-stock deal.

• Cursor is being valued at $60 billion

• Cursor will become a wholly owned SpaceX subsidiary

• Cursor shareholders will receive SpaceX Class A shares

• The exchange ratio will be based on SpaceX’s 7-day average share price before closing

• Subject to regulatory approvals and customary closing conditions

• Expected to close in Q3 2026

Cursor is one of the world’s leading AI coding platforms and one of the fastest-growing software companies. This marks one of the largest AI acquisitions ever and significantly expands SpaceX’s footprint in AI.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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