Tag: spacex
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OpenAI Just Cut Cursor Off Over Its SpaceX Deal
Elon Musk bought Cursor. OpenAI just decided that is a good enough reason to walk away. Cursor’s parent company, Anysphere, got acquired by SpaceX in a $60 billion all-stock deal that closed on August 14. Cursor runs on a mix of AI models, including OpenAI’s, and up to now that relationship worked fine. Then OpenAI…
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Anthropic Is Chasing a Bigger IPO Than SpaceX’s Record
Anthropic just told investors it wants an IPO the size of SpaceX’s, or bigger. That is not a modest ask. SpaceX raised about eighty six billion dollars once the over allotment kicked in. Anthropic is reportedly aiming to match that or beat it, with a market debut that could land as early as October. The…
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SpaceX Just Closed a $60 Billion Deal for Cursor
SpaceX made it official on August 14. Elon Musk’s rocket company now owns Cursor, the AI coding tool that a huge share of working developers open every single day, in a sixty billion dollar all stock deal. This part was not a surprise. SpaceX and Cursor started working together back in April, and SpaceX had…
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SpaceX’s $60B Cursor Bet Just Paid Its First Dividend
SpaceX and Cursor released Grok 4.5, their first jointly-trained AI model, and it is a working blueprint for consolidation done right. The model was trained on trillions of tokens from Cursor’s codebase data. It learned how real developers think through problems, hit dead ends, and use tools creatively to solve them. The result is an…
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Elon Just Merged xAI All Into SpaceX
It is official now. The company is no longer xAI, the AI lab backed by SpaceX. It is SpaceXAI. One business. One brand. What this really means: SpaceX is betting that satellites and AI infrastructure are the same bet. They are building Starmind, a satellite data center network orbiting overhead, ready to route compute and…
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SpaceX Just Bought the Fastest Coder
SpaceX acquired Cursor, the AI coding tool, for sixty billion dollars. All stock. June 16. That is the largest venture-backed acquisition in history, and it says something stark about where the real money is moving. Cursor built a code editor that lets you talk to Claude or GPT and watch the code appear as you…
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SpaceX Wants a $20B Bond to Feed Its AI Ambition
SpaceX is heading toward a huge bond deal, and the reason matters more than the number. The company is looking for room to keep funding an AI push that needs real money, real power, and real infrastructure. That is the part people should focus on. AI is not floating in the cloud. It sits on…