Elon Musk’s SpaceX announced Tuesday it will acquire Anysphere, the software company behind the AI coding tool Cursor, in a $60 billion transaction aimed at expanding its footprint in the enterprise AI sector. Shares jumped more than nine percent in morning trading, giving SpaceX a similar market capitalization to Amazon.
CNBC reports that the acquisition represents one of the largest deals in the AI industry and comes just days after SpaceX completed a blockbuster initial public offering on the Nasdaq that valued the company at over $2 trillion, instantly establishing it as one of the world’s most valuable corporations.
SpaceX had been…
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