SpaceX makes frequent moves: 30 days after completing the "largest IPO in history," it may acquire the AI coding newcomer Cursor.
According to the financial news app, it is learned from informed sources that Elon Musk's space exploration technology company, SpaceX, plans to move forward with the acquisition of the artificial intelligence coding startup company, Cursor, 30 days after completing its initial public offering (IPO). Previous reports indicated that SpaceX could officially submit its IPO application as early as this Wednesday and list on Nasdaq on June 12. If everything goes according to plan, SpaceX is expected to complete the acquisition of Cursor in July. The sources mentioned that if this deal ultimately falls through, SpaceX will need to pay Cursor a reverse breakup fee of $10 billion.
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