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Cursor

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SpaceXAI debuts Grok 4.5, a faster, cheaper coding-focused AI for business
technology2 days ago

SpaceXAI debuts Grok 4.5, a faster, cheaper coding-focused AI for business

SpaceXAI released Grok 4.5, its most capable model yet and its first since going public and acquiring Cursor, pitched as a coding/automation tool for business use. Trained with Cursor, Grok 4.5 is claimed to outperform some rivals on engineering and knowledge tasks while being faster and cheaper, priced at $2 per million input tokens and $6 per million output tokens. It’s available in Grok Build, Cursor on all plans, and SpaceXAI’s console (not yet in the EU). While it trails the largest OpenAI/Anthropic models in peak performance, SpaceXAI positions Grok as a cost-effective enterprise option and notes potential revenue from compute capacity leasing.

Cursor Debuts iOS App After SpaceX Acquisition
technology11 days ago

Cursor Debuts iOS App After SpaceX Acquisition

Cursor has released its first iPhone/iPad app after SpaceX (including xAI) acquired the coding firm, letting users launch and manage AI coding agents, review diffs, annotate images, and chat with agents via voice, with Live Activities updates and remote cloud/local handoffs; the app supports demos/diffs before merging PRs, and Cursor is teasing repo-less chats as part of future plans, while offering 75% off Composer 2.5 runs through July 5, 2026 and directing users to download from the App Store.

SpaceX's Cursor Deal Triggers $620B Slump as Dilution Hits Valuation
business21 days ago

SpaceX's Cursor Deal Triggers $620B Slump as Dilution Hits Valuation

SpaceX’s stock reversed gains after revealing a $60 billion all-stock acquisition of Cursor, diluting existing shares by about 3.4% and wiping roughly $620 billion off SpaceX’s market value since Tuesday’s peak, lowering its market cap to about $2.37 trillion from roughly $2.99 trillion. Morningstar cut its fair value to $62 and cautioned on dilution, while Oppenheimer remained more bullish with a potential path to $250 per share by year‑end; Elon Musk’s net worth slipped by about $67.8 billion to around $1.2 trillion. The move follows frothy IPO demand and underlines how investors are pricing AI/tech bets into SpaceX’s lofty valuation.

SpaceX bets Cursor to turbocharge its AI stack
technology21 days ago

SpaceX bets Cursor to turbocharge its AI stack

SpaceX announced it will acquire Cursor’s parent company Anysphere for $60 billion, a move aimed at boosting SpaceXAI by giving developers access to a popular AI-coding platform and additional compute capacity. The deal complements SpaceX’s broader plan to vertically integrate its AI efforts—from compute and energy infrastructure at the bottom to the SpaceXAI model layer in the middle and Cursor as a fast-growing top app—in hopes of closing the gap with frontier players like Anthropic, OpenAI, and Google. While Cursor could help accelerate adoption and tooling, SpaceX still faces the challenge of developing high-powered AI models to compete with the best in the field.

SpaceX shares swing wildly as Cursor deal stirs valuation bets
business21 days ago

SpaceX shares swing wildly as Cursor deal stirs valuation bets

SpaceX's stock has been volatile after announcing a $60 billion deal to acquire Cursor from Anysphere, briefly surging above $225 after its IPO price of $135 and later retreating to around $185. Analysts are divided: Morningstar flags SpaceX as overvalued with a fair value around $62 and a best case around $169, while Oppenheimer has raised its price target to $250. The path forward remains uncertain, with some suggesting the stock could fall further, though a drop below roughly $138 could affect Musk's trillionaire status.

SpaceX to Buy Cursor for $60B to Supercharge AI Coding Tools
technology24 days ago

SpaceX to Buy Cursor for $60B to Supercharge AI Coding Tools

SpaceX will acquire Cursor, an AI-powered coding IDE, in an all-stock deal worth $60 billion set to close in Q3, bolstering SpaceX/xAI’s enterprise AI push after a recent IPO and SpaceX-xAI merger. Cursor has seen revenue growth but faced stiff competition from Claude Code and other players, and the transaction aims to pair Cursor’s product with SpaceX’s compute resources, though success in a crowded market is not guaranteed.

SpaceX to buy Cursor maker Anysphere for $60B in all-stock deal
technology24 days ago

SpaceX to buy Cursor maker Anysphere for $60B in all-stock deal

SpaceX confirmed it will acquire Anysphere, the maker of Cursor, for $60 billion in an all‑stock transaction, expected to close in Q3 pending regulatory approvals. Cursor is an AI-powered code editor with features like a chatbot, code autocomplete, and autonomous AI agents, and the deal follows an earlier option that could have priced a Cursor partnership at about $10 billion. The move signals SpaceX’s push to expand in the enterprise AI market, with Cursor reportedly generating roughly $2.6 billion in annualized revenue.

SpaceX to Acquire Cursor AI for $60 Billion to Bolster Coding Tools
business25 days ago

SpaceX to Acquire Cursor AI for $60 Billion to Bolster Coding Tools

SpaceX announced it will acquire Cursor, the AI coding startup behind a popular code-generation tool, for $60 billion in SpaceX stock, a move aimed at strengthening its AI toolbox amid competition from Anthropic and OpenAI; the deal is expected to close in Q3 after regulatory approvals, with Thrive Capital and other investors involved, and potential contingencies if the deal falls through.

Cursor bets big on SpaceX to power its AI coding empire
technology26 days ago

Cursor bets big on SpaceX to power its AI coding empire

MIT-trained coder Michael Truell leads Cursor as its AI coding platform rockets in growth, pivots from heavy reliance on Anthropic to building its own Composer models, and threads a potential $60 billion SpaceX deal into the business plan, while financing expensive AI compute; the company, now around 700 employees and serving about 60% of the Fortune 500, has pursued aggressive hiring and a demanding, unpaid work-trial culture to sift top engineers even as it forges a high-stakes partnership with SpaceX.

A Desktop Snail That Won’t Let You Work
games1 month ago

A Desktop Snail That Won’t Let You Work

Kotaku’s Rebekah Valentine dives into the indie desktop game Don’t Touch the Snail, where a slow-moving snail crawls across your screen toward your cursor and touching it ends the run permanently. The piece riffs on a thought experiment about immortality, notes the game’s simple mechanics, leaderboards, shells and cosmetics, and recalls the author’s near-misses as the snail overlays across monitors; even the developer sent her the code to test the premise, underscoring the playful, meta humor of a game that turns distraction into a collectible experience.

Cursor’s SpaceX Bid Hits Compute-Cost Roadblock and Investor Hesitation
business2 months ago

Cursor’s SpaceX Bid Hits Compute-Cost Roadblock and Investor Hesitation

Weeks before Cursor pursued a potential $60 billion takeover by SpaceX, the AI startup sought billions in new funding but faced investor reluctance after OpenAI and Anthropic raised big rounds, with concerns over a steep valuation and looming compute costs that could require massive capital to operate, signaling a tougher funding environment for large AI deals.

Microsoft Missed Cursor Bid as SpaceX Seals $60B AI Coding Deal
business2 months ago

Microsoft Missed Cursor Bid as SpaceX Seals $60B AI Coding Deal

Microsoft reportedly explored acquiring Cursor, an AI coding startup, but did not lodge a formal bid before SpaceX moved to lock in rights to acquire Cursor for up to $60 billion. OpenAI also attempted to buy Cursor, but both offers were rejected as Cursor continued rapid growth. SpaceX’s deal offers two paths—an outright $60B purchase or a $10B joint-work arrangement—while the broader AI coding race accelerates with Codex and Claude Code; Microsoft’s Copilot remains a growth driver with millions of subscribers and upbeat analyst targets.

SpaceX Bets on Cursor to Forge the Next-Gen Coding AI
technology2 months ago

SpaceX Bets on Cursor to Forge the Next-Gen Coding AI

SpaceX is partnering with Cursor to build a leading coding AI, granting SpaceX the option to acquire Cursor for $60 billion later this year or pay $10 million for the joint work. The deal aims to combine Cursor’s coding model with SpaceX’s Colossus supercomputer, with talks of a broader three‑way partnership with Mistral. Reactions among tech and investment observers vary on whether the arrangement creates a durable moat or a rental, but the deal positions Musk’s empire to compete with OpenAI, Anthropic, and others in AI infrastructure and development.