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Story summary
- SpaceX announced a deal to acquire AI coding startup Cursor for $60 billion, with a $10 million fallback if the purchase fails.
- The partnership will merge Cursor’s Composer model with SpaceX’s million H100-equivalent Colossus supercomputer.
- CEO Michael Truell welcomed the deal and said the company will scale the Composer AI coding model.
- Cursor posted $100 million revenue in January 2025 and $2 billion by February 2025, with a $30 billion valuation and 67 % Fortune 500 usage.
