In a social media post Monday afternoon, SpaceX announced it had started a working relationship with AI coding startup Cursor, which includes an option to buy the company for $60

This move frees Cursor from reliance on Anthropic and OpenAI models, and tees up SpaceX for an even bigger IPO.

Over the last quarter century, Elon Musk ​revived space travel, turning cosmic exploration into thriving businesses. For its next act, Musk's SpaceX is eyeing an even bigger opportunity in something ‌more prosaic: building artificial intelligence for the enterprise.

Tesla reports earnings today, but investors' eyes might ultimately be on another one of Elon Musk's prizes.

SpaceX said in a post on X that it's obtained the rights to buy coding startup Cursor for $60 billion later this year or pay $10 billion for the work the companies are doing together. "SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI,

Elon Musk’s rocket and satellite internet titan may pay $60 billion for an A.I. coding start-up. It further clouds SpaceX’s once-simple business plan.

SpaceX is telling prospective investors its board will not need ‌a majority of directors who are independent of the company, according to an excerpt of its IPO filing reviewed by Reuters, underscoring how founder Elon Musk is retaining control of the rocket and artificial intelligence maker.

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The glowing path of many SpaceX launches are visible from Arizona by looking toward the southwest.

Sen. Elizabeth Warren (D-Mass.) said Monday she will keep pressing the National Labor Relations Board for answers after it dropped charges against Elon Musk's SpaceX over the firing of engineers who had criticized Musk,

Cursor was on track to close a $2 billion funding round this week but chose to halt discussions after SpaceX offered a $10 billion "collaboration fee" and a path to a $60 billion acquisition.