aerospace / news / / Benzinga
Former White House AI czar David Sacks confirmed the structure of Elon Musk’s Cursor play.
By 2026, SpaceX must buy Cursor for $60 billion or pay a $10 billion breakup fee.
KEY POINTS
- Cursor's projected run rate is $6 billion by 2026, tripling in under a year.
- Cursor gains xAI's foundation model resources and potential access to Colossus's 550,000 GPUs.
- SpaceX's proposed $60 billion Cursor acquisition would be at a ~50% discount if its IPO hits $2 trillion.
COMPANIES
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