SpaceX secured the right to buy Cursor for $60B. For context, Twitter sold for $44B and had 250M users.

Yesterday SpaceX announced it has obtained the right to acquire Cursor - the AI coding assistant - for $60B later this year. The alternative structure is $10B for the "work together" the companies are already doing. Cursor's CEO confirmed the partnership, writing that it's "a meaningful step on our path to build the best place to code with AI." For context on the valuation: geohot's immediate reaction was "AI psychosis - Twitter was $44B and had 250M users." Dropbox is currently valued around $8B. Twilio at its peak hit $40B. Zendesk sold for $10B.