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Gordon McTemper
@gordonMT
posted an article in
Technology
2026-04-22 20:00:07
·
How SpaceX preempted a $2B fundraise with a $60B buyout offer
How SpaceX preempted a $2B fundraise with a $60B buyout offer Until a few hours before SpaceX announced its deal, giving it the option to acquire Cursor — the maker of AI-powered coding software — for $60 billion, Cursor was on track to close a $2 billion funding round later this week, according to a person familiar with the matter. The round would have valued the company at $50 billion. SpaceX...
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