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SpaceX Buys AI Giant Cursor | Durham News
SpaceX just dropped $60 billion in stock to buy Cursor, an AI coding platform used by 50K+ businesses including 60% of Fortune 500s — and Wall Street’s going wild. Morgan Stanley’s new $600 price target hinges on Cursor becoming a massive recurring revenue engine, fueled by Starlink growth and Starship’s cost-cutting potential for space-based computing. By 2027, Cursor could bring $13B in AI revenue to SpaceX — turning the rocket company into a major AI powerhouse. Analysts like Arete are raising targets too, but the big question: will Cursor thrive under SpaceX’s umbrella? Listen in…
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