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SpaceX announced it closed a $60 billion purchase of AI coding startup Cursor during the third quarter. This deal marks a significant corporate move for Elon Musk's defense tech conglomerate, which recently secured FCC approval to build a 15,000-satellite constellation. Analysts expect third-quarter revenue of $12.72 billion, with AI revenue projected at $6.47 billion and connectivity sales at $4.84 billion.
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