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💰 MoneyJune 16, 2026

SpaceX buys AI coding startup for $60B in race for an edge over Anthropic and OpenAI

SpaceX will move forward with its $60 billion acquisition of AI startup Cursor as Elon Musk's company seeks a competitive edge against Anthropic and OpenAI after its Wall Street debut.

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Source

https://www.latimes.com/business/story/2026-06-16/spacex-buys-ai-coding-startup-cursor-for-60-billion-in-race-for-edge-over-anthropic-openai