Aditya Soni, reporting for Reuters (possibly paywalled; try Reader mode):

Elon Musk’s SpaceX (SPCX.O) is buying the startup behind the popular AI coding agent Cursor, Anysphere, for $60 billion in an all-stock deal to boost its presence in the lucrative enterprise AI tools market. […]

Cursor is one of several Silicon Valley startups that have drawn waves of developers by using AI to automate coding, making it a key rival to market leaders Anthropic and OpenAI. But a lack of access to computing power has hampered Cursor’s growth. […]

In its IPO filing, the company had said Cursor’s access to developers’ data, including coding requests and design decisions, could help improve its AI models such as Grok.

If you use Cursor, it’s time to find an alternative.