SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI

By , Special to The Daily Memphian Updated: June 16, 2026 11:37 AM CT | Published: June 16, 2026 11:35 AM CT

SpaceX said that Cursor will become a wholly owned subsidiary when the deal closes in the third quarter.

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SpaceX Cursor Elon Musk

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