SpaceX agrees to acquire Cursor for $60 billion in AI push
SpaceX formalized the acquisition of programming startup Cursor days after its initial public offering, as Musk seeks to expand xAI's capabilities.
Elon Musk aims to send rockets to the moon and Mars before 2026 ends, with Tesla Optimus robots preparing infrastructure for human habitation.
5:54 PM
Elon Musk plans to launch rockets from Earth before the end of 2026, sending initial materials to the moon and Mars to begin establishing colonies, according to recent statements. The world's first trillionaire intends to deploy Tesla Optimus robots to prepare the infrastructure required for human survival on both celestial bodies.
Musk has shifted SpaceX's focus toward the moon, citing its proximity and faster timeline for development. He outlined a plan to establish a lunar city within the next 10 years. For Mars, Musk expressed optimism about beginning material shipments within seven years.
This week, SpaceX launched its Falcon 9 rocket from Cape Canaveral as part of the ongoing effort. Musk also filed applications with the Federal Communications Commission for the next phase of his colonization strategy.
On Friday, Musk postponed a scheduled live television interview with CNBC's Julia Boorstin, which was set to begin shortly before the cancellation. The interview had been expected to cover Tesla, the historic SpaceX initial public offering, and the launch of Grok, the latest artificial intelligence model from SpaceXAI.
SpaceXAI unveiled Grok 4.5 on Wednesday, joining a wave of recent AI product releases from competing laboratories. OpenAI began rolling out its latest series of models—GPT-5.6 Sol, Terra, and Luna—on Thursday. Meta announced Muse Spark 1.1, a model designed for agentic work and coding, also on Thursday. Late last month, the Trump administration lifted export controls on Anthropic's Claude Fable 5 and Mythos 5 models, allowing the company to redeploy the offerings.
SpaceX began trading publicly on June 12, marking a significant milestone for Musk's space venture.
SpaceX formalized the acquisition of programming startup Cursor days after its initial public offering, as Musk seeks to expand xAI's capabilities.
Tesla earned $477 million in Q1 2026, up from $409 million a year earlier, as sales rose 16 percent to $22.4 billion.
Elon Musk's $134 billion lawsuit against OpenAI and CEO Sam Altman opens in Oakland on April 27, alleging breach of nonprofit commitment.
More than 100 current and former SpaceX employees partnered with Choreo to offer low-fee wealth advisory services as the company prepares to go public.
Elon Musk contacted Greg Brockman two days before his lawsuit against OpenAI was set to begin in federal court in Oakland, California.
Joby Aviation and the Port Authority of New York and New Jersey are launching a pilot program of electric vertical takeoff and landing flights.