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SpaceX has agreed to acquire Cursor, a leading AI coding platform, for $60 billion in stock, signaling a major strategic move for the company's AI ambitions. The acquisition comes just days after SpaceX's highly anticipated IPO, which raised significant capital and positioned the company as a major player in the tech sector.
Quantinuum, Honeywell’s quantum computing spin-off, has revised its IPO valuation down to $12.7 billion from an earlier $20 billion target, reflecting market realities and investor caution.
