
SpaceX exercised a call option to acquire AI coding startup Cursor for $60 billion, the largest VC-backed startup acquisition ever outside of Musk's xAI deal. Cursor raised $3.38 billion since its 2022 founding from investors including Thrive Capital, a16z, and Nvidia. Alameda Research invested $200,000 in Cursor's seed round.
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Summary by ByteBrief