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TechCrunch · United States · SpaceX buys Cursor maker Anysphere for $60bn, the largest startup acquisition on record
Frames the timing: the deal was announced four days after SpaceX debuted on Nasdaq, giving SpaceX immediately-liquid stock as acquisition currency. Notes ~150 million lines of enterprise code generated daily via Cursor, and that the deal is structured as a reverse triangular merger through a SpaceX subsidiary.
“SpaceX locks in the Cursor deal just four days after its Nasdaq IPO, using SpaceX stock as currency.”