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Cursor Brand Name May Not Survive SpaceX Acquisition
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News Archives | PYMNTS.com
SpaceX’s acquisition of AI coding startup Cursor could be completed in the coming days.
SpaceX and Cursor announced a partnership in April that gave the former company the option to acquire the latter.
After going public in June, SpaceX said it would move forward with its $60 billion bid to purchase Cursor.
The Information report noted that SpaceX CEO Elon Musk said on a recent earnings call that the Cursor deal had cleared “almost all” regulatory hurdles and should close “quite soon.”
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