SpaceX Buys AI Giant Cursor | Durham News

SpaceX just dropped $60 billion in stock to buy Cursor, an AI coding platform used by 50K+ businesses including 60% of Fortune 500s — and Wall Street’s going wild. Morgan Stanley’s new $600 price target hinges on Cursor becoming a massive recurring revenue engine, fueled by Starlink growth and Starship’s cost-cutting potential for space-based computing. By 2027, Cursor could bring $13B in AI revenue to SpaceX — turning the rocket company into a major AI powerhouse. Analysts like Arete are raising targets too, but the big question: will Cursor thrive under SpaceX’s umbrella? Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1b479bda3b25515b