SpaceX nears deal with Cursor
By Madison Mills
Published on April 21, 2026.
SpaceX is close to securing a deal with AI coding startup Cursor, which could result in an acquisition or $10 billion investment. This move aligns with CEO Elon Musk's efforts to become an AI powerhouse ahead of his potential IPO. Cursor has raised over $3 billion and has been in talks to secure additional funding. If successful, this could signal a trend towards investing in AI technology before public investors can have a say on its valuation.
Related Articles
Exclusive: Redwood Materials lays off 10% in restructuring to chase energy storage business
Redwood Materials has laid off 135 employees 10% to restructure to focus on its energy storage business, amid tough competition and industry challenges.
Plancorp acquires Fresno-based Regency Investment Advisors
Plancorp Wealth Management acquired Fresno-based Regency Investment Advisors Inc., adding $1 billion in client assets and 16 professionals, with plans for future acquisitions but not high-volume growth.
Flight makes emergency landing after Southwest pilot gets concussion
Southwest Airlines Flight 568 made an emergency landing after a pilot was struck in the head by a falling instrument display, requiring a precautionary landing.