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https://www.youtube.com/watch?v=ROBBm9JR8uk?si=S7TXM6d7g8UUEjBy

SpaceX Shakes Tech World With $60 Billion Cursor AI Takeover

The global artificial intelligence race just entered a new phase as SpaceX announced a massive $60 billion acquisition of Cursor, one of the world's fastest growing AI coding startups.

The deal, which will be completed entirely through a stock swap, is expected to become one of the biggest technology acquisitions in history and signals Elon Musk's determination to dominate the future of artificial intelligence.

Cursor, developed by AI startup Anysphere, has become a favorite tool among software developers worldwide. The platform uses artificial intelligence to generate, edit, review, and optimize code, helping programmers work faster and more efficiently. Since its launch in 2022, Cursor has experienced explosive growth, reportedly surpassing $1 billion in annualized revenue.

The acquisition comes only days after SpaceX made history with its blockbuster Nasdaq debut. Investors responded enthusiastically to the latest announcement, sending SpaceX shares soaring and pushing the company above tech giants such as Amazon and Microsoft by market value, making it the fourth most valuable company in the United States.

Industry analysts believe the move is aimed at strengthening SpaceX's AI ambitions following its earlier integration with Musk's AI company, xAI. The addition of Cursor could significantly improve SpaceX's ability to compete with leading artificial intelligence firms such as "openai.com" (https://reference-url-citation.invalid/0) and "anthropic.com" (https://reference-url-citation.invalid/1), both of which have become major players in AI assisted software development.

Under the agreement, SpaceX will increase its investment in advanced AI coding technology while helping Cursor scale its flagship products to a global audience. The transaction is expected to close during the third quarter of 2026, subject to regulatory approval.

Speaking about the deal, Cursor CEO Michael Truell described the partnership as a major milestone in the company's mission to build the world's best AI powered coding platform.

With artificial intelligence rapidly reshaping industries from healthcare and finance to software engineering and space exploration, many experts see this acquisition as another sign that the battle for AI supremacy is accelerating faster than ever.

Source:
https://www.cnbc.com/2026/06/16/spacex-spcx-cursor-acquisition-ipo.html

Elon keeps pushing beyond limit, while the world most dangerous president Titi-Numbu keeps destroying beyond limits.

Only if we have someone like Musk in Nigeria, together with Dangote. Nigeria will take over. Musk is so visionary.

Okay. A very nice move coming from them. Kudos

Musk is taking over the world

Elon just dey blow anyhow
Biggest boy for life
I envy people that have bought shares there.

Elon money, ride on sir truth is if i dont become a billionaire in dollars in my lifetime my son and daughter will

We have innovative people like this in Nigeria but no sponsorship.

Look at Nairaland. It cannot even allow you post your personal products on your timeline but it does on Twitter.

God when? Not about Elon musk but when someone will come to buy millions of dollars product from me

nawa oo, NA TRILLIONAIRE i dey expect dem begin USE for 9ja now, AUDIO BILLIONAIRE don FULL UP

Dshocker:
Elon keeps pushing beyond limit, while the world most dangerous president Titi-Numbu keeps destroying beyond limits.

Peter OBI is not destined to be president

No amout of spamming and derailing of nairaland threads by you his people can change that.

Channel your effort to something more productive.You can even become the next elon musk.

Elon Elon Elon Elon Elon

This Man is a genius ...

He is already on course to be a 2 Trillion dollar man.

Basic123:
Peter OBI is not destined to be president.

And you will keep suffering and smiling till thy kingdom come.

Hmmmm....omor! things de occur

Dshocker:
And you will keep suffering and smiling till thy kingdom come.

Stop taking me for your people in Anambra after his 8years rule

They're just looking for every means to push programmers out using Github (Microsoft), Codex ( openai), Claude code ( Anthropic) and now Cursor ai. It's well for programmers.

This man go soon buy everything.. em fit still go heaven bargain with God to buy one of em thrones..

Money no be problem..

Basic123:
Stop taking me for your people in Anambra after his 8years rule

And your children will continue from where you stopped.

Dshocker:
And your children will continue from where you stopped.

Again,Stop taking me for your people in Anambra after his 8years rule


Not everyone is living a miserable life like ...

All-stock deal.

SpaceX still has no viable business. They spent 9 billion to generate a revenue of 3 billion. Revenue, not net profit.

Their rocket business is mainly subsidized by government contracts and is not profitable

They don't have customers to launch 10,000 rockets a month to substantially generate positive cash flow

They've abandoned the Mars colony pipedream

Starship still can't get to orbit with proper payload

Starlink is losing money even before competition starts

xAI's Grok is so far behind other AI models that SpaceX is renting excess capacity to anthropic

Twitter is losing money

None of their ventures is profitable

But hype sells before the bubble bursts.

Tinubu has promised to start up an AI company bigger than this in 2028...

Just wait till then

Acquisition upon acquisition, Money na wetin again?

We are in the era of AI and I think Nairaland needs to upgrade. Google and Meta has integrated AI into their systems. Facebook was launched on February 4, 2004. Nairaland was founded a little over a year later, on March 8, 2005. Facebook has upgraded beyond 2026 while Nairaland is still in 2005

Basic123:
Again,Stop taking me for your people in Anambra after his 8years rule


Not everyone is living a miserable life like ...

Even Fela prophecy is playing upon your life.

This Elon guy is so mean

I strongly believe that someday AI will replace yarimo and every Tunibu/APC propagandists

edogu:
They're just looking for every means to push programmers out using Github (Microsoft), Codex ( openai), Claude code ( Anthropic) and now Cursor ai. It's well for programmers.

I have checked the negetive effects of ai on many professions and i discovered that programmers are not going under.
Ai is there to assist and not to replace programmers unlike some other professions that will be replaced completely.

He now walks among us, the one foretold from the times of John the Baptist, his name is Abaddon and his number is six hundred and sixty six.

He shall have great authority and power by which he will deceive mankind.

He controls presidents of the greatest nations and his tweet makes them nervous.

He has 60,000 satellites in orbit watching every blade of grass on the planet.

Basic123:
Peter OBI is not destined to be president

No amout of spamming and derailing of nairaland threaslds by you his people can change that.

Channel your effort to something more productive.You can even become the next elon musk.

And the Man you just quoted is an Obi supporter ?

Other Presidential aspirants don't do social media or a nairaland member ?

Even a Ghanian will say Tinubu is wanted in America next thing is Obi will never be President by apc hngry data boys.

The obsession is real!

ViceGovernor:
He now walks among us, the one foretold from the times of John the Baptist, his name is Abaddon and his number is six hundred and sixty six.

He shall have great authority and power by which he will deceive mankind.

He controls presidents of the greatest nations and his tweet makes them nervous.

He has 60,000 satellites in orbit watching every blade of grass on the planet.

Those prophecies can only happen when the demoncrats take control of the usa

Dpsychologist:

https://www.youtube.com/watch?v=ROBBm9JR8uk?si=S7TXM6d7g8UUEjBy

SpaceX Shakes Tech World With $60 Billion Cursor AI Takeover



Source:
https://www.cnbc.com/2026/06/16/spacex-spcx-cursor-acquisition-ipo.html

na so one hungry person for nairaland talk say na black man get AI

Black man get AI but na white man dey spend the billions

aaaaabbbbbccccc:
Only if we have someone like Musk in Nigeria, together with Dangote. Nigeria will take over. Musk is so visionary.

Nigeria has use corruption to discourage and kill such talent