SpaceX Closes $60 Billion Acquisition of Cursor, Completing the Deal It Struck in June
SpaceX completed its all-stock acquisition of AI coding tool Cursor on August 14, giving the startup access to SpaceX's GPU fleet.
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11 articles covering "mergers-and-acquisitions"
SpaceX completed its all-stock acquisition of AI coding tool Cursor on August 14, giving the startup access to SpaceX's GPU fleet.
An SEC filing shows SpaceX has signed a merger agreement to acquire Anysphere, the maker of AI coding tool Cursor, for $60 billion in stock, with the deal expected to close in Q3 2026.
SkyWater Technology stockholders voted this week to adopt the $1.8 billion cash-and-stock merger with IonQ, leaving regulatory approvals as the main remaining condition before a Q2 or Q3 2026 close.
India's Sun Pharma will buy Merck spinoff Organon for $14 a share, vaulting into the global top 25 pharmaceutical companies and entering biosimilars at scale.
SpaceX announced a $10 billion collaboration deal with AI coding tool Cursor and an option to acquire it for $60 billion, halting a $2B fundraising round that Andreessen Horowitz, Thrive, and Nvidia had been set to join.
Amazon will acquire Globalstar for about $11.57 billion and inherit the company's iPhone satellite partnership, accelerating its Starlink challenge and its rebranded Amazon Leo constellation.
Shareholders of both Coursera and Udemy voted over 99% in favor of combining into a single platform serving 245 million learners, with FTC clearance already secured and closing expected in the second half of 2026.
American Ocean Minerals Corporation and Odyssey Marine Exploration announced an all-stock merger valued at approximately $1 billion, creating one of the largest deep-sea mining companies as the US accelerates efforts to secure seabed critical minerals.
Water treatment giant Ecolab is buying CoolIT Systems from KKR in an all-cash deal that values the Calgary-based liquid cooling company at roughly 18 times its price just three years ago, reflecting the explosive demand for direct-to-chip cooling in AI data centers.
Google completed its all-cash acquisition of cloud security firm Wiz on March 11, clearing regulatory reviews in seven jurisdictions and reshaping the competitive landscape for independent cybersecurity vendors.
The European Commission must decide by February 10 whether to approve Google's largest-ever acquisition or open a deeper probe, in a case that could reshape cloud security competition worldwide.