SpaceX is acquiring Cursor, the AI-powered code editor, for 60 billion dollars in stock—just days after Cursor's blockbuster initial public offering, according to TechCrunch. The acquisition is intended to strengthen SpaceX's struggling artificial intelligence division. In its own IPO pitch, SpaceX highlighted a 26-trillion-dollar addressable market in AI. The deal underscores intense consolidation in the AI and developer tools space.

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