US media reports that SpaceX has reportedly agreed to acquire AI company Cursor for over $50 billion.

CoinFeed reported on April 22 that, according to a report by The New York Times cited by Jinshi, two sources familiar with the matter said that SpaceX has agreed to acquire Cursor for more than $50 billion. Cursor is a rapidly growing artificial intelligence startup focused on developing code-writing software. SpaceX is making this deal as it prepares for what could be one of the largest IPOs in history. Founded in 2022, Cursor has raised more than $3 billion and has made headlines as one of the fastest-growing AI startups. SpaceX previously stated that Cursor had granted SpaceX the option to acquire Cursor for $60 billion, or SpaceX could choose to pay $10 billion for the results of their collaboration.