Skip to main content
institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

Microsoft Reportedly Eyed Cursor Before SpaceX's $60 Billion Deal— But Chose Not To Proceed - Microsoft (

Microsoft passed on a bid as Cursor drew investor demand, while SpaceX offered $60 billion and compute access to secure the AI coding startup.

  • On Tuesday, SpaceX announced an agreement to acquire AI coding startup Cursor for $60 billion by year-end, or pay $10 billion as a partnership alternative.
  • Microsoft Corp. previously evaluated a potential bid for Cursor, according to people familiar with the matter, but ultimately chose not to proceed with an acquisition offer.
  • While Microsoft's GitHub Copilot faces investor frustration over limited traction, competitors like Anthropic's Claude and OpenAI's Codex are gaining momentum, with Codex reaching 4 million active users.
  • Cursor CEO Michael Truell said he is "excited to partner with the SpaceX team to scale up Composer," referring to his company's AI model.
  • Elon Musk merged SpaceX with his AI startup xAI in February in a deal valued at $1.25 trillion, while Microsoft's stock has declined 10% this year.
Insights by Ground AI

15 Articles

Right

SpaceX Gets $60B Option to Buy AI Startup Cursor

·Washington, United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources are Center, 50% of the sources lean Right
50% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Newsmax broke the news in Washington, United States on Wednesday, April 22, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal