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SpaceX Pounces on $60 Billion Cursor Takeover Days After IPO
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-Seth Fiegerman, Bloomberg AI Team Leader, discusses SpaceX agreeing to take over Cursor in a deal that values the startup at $60 billion, part of Elon Musk's efforts to catch up with rivals on coding tools. The deal is expected to close in the third quarter, with Cursor investors having the right to receive SpaceX stock based on the implied $60 billion equity value of the startup.
-Gautam Mukunda, Lecturer at Yale School of Management and Bloomberg Opinion…
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