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A very huge deal and it could be a masterstroke from Musk..
SpaceX $SPCX is acquiring the programming tool Cursor with a full stock deal worth $60 billion
Why could it be a masterstroke?
The AI programming market is dominated by OpenAI, Anthropic, and GitHub Copilot
, now it can strongly and quickly compete with them, and also provides greater utilization of the giant xAI computer Colossus
The deal is expected to close in the third quarter of 2026
$SPCX