SpaceX is reportedly in talks to either form a $10 billion partnership with Cursor or acquire the AI coding tool for $60 billion. Cursor currently generates $2 billion in annualized revenue with projections of $6 billion by year-end, making a 10x revenue acquisition valuation plausible. The strategic rationale centers on SpaceX/xAI gaining developer market share and training data to improve Grok's coding capabilities. SpaceX is also reportedly preparing for an IPO at over $1.5 trillion valuation.
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