SpaceX (rocket and space company)SpaceXSpaceXto obtain / to acquirehuòdé获得with / at (a price)yǐ以$60 billion600 yì měiyuán600亿美元to acquire / to buy outshōugòu收购artificial intelligenceAIAIprogramming / codingbiānchéng编程companygōngsī公司Cursor (AI coding tool)CursorCursor(possessive particle)de的option (financial right to buy)qīquán期权。
April 23, 2026 at 8:00 AM
New Words
News in English
Science & TechnologySpaceX Secures Option to Acquire AI Coding Startup Cursor for 60 Billion Dollars
SpaceX has signed an agreement with AI coding startup Cursor giving it the right to acquire the company for 60 billion dollars later this year.
SpaceX announced that it has reached an agreement with AI programming startup Cursor. SpaceX will acquire Cursor at a price of $60 billion or alternatively pay $10 billion to terminate the partnership. Cursor is a widely popular AI programming tool among software engineers with a large global user base. SpaceX's partnership with Cursor will combine Cursor's product advantages with SpaceX's massive computing resources. SpaceX currently possesses approximately one million H100 GPUs' computing power, exclusively dedicated to training artificial intelligence models. SpaceX CEO Elon Musk hopes to transform the rocket company into a major player in the artificial intelligence field. In February of this year, Musk merged SpaceX with its subsidiary xAI company, further expanding its AI strategic positioning. SpaceX plans to conduct its initial public offering in the summer of this year, which could then be used to provide funds for the acquisition.
More in Science & Technology
United StatesMěiguó美国Federal Communications Commission (FCC)Liánbāng Tōngxìn Wěiyuánhuì联邦通信委员会to issue / to announcefābù发布ban / prohibition orderjìnlìng禁令,to prohibit / to banjìnzhǐ禁止to importjìnkǒu进口foreignwàiguó外国manufactured / madezhìzào制造(structural particle)de的humanoid robotrénxíng jīqìrén人形机器人。
US FCC Bans Imports of Foreign Humanoid Robots, Targeting China
Moonshot AI (Chinese AI startup)Yuè zhī àn miàn月之暗面to release / to publishfābù发布global / worldwidequánqiú全球the largestzuìdà最大open-weight (AI model weights)kāiyuán quánzhòng开源权重model (AI)móxíng模型Kimi K3 (AI model by Moonshot AI)Kimi K3Kimi K3。
Moonshot AI Releases Kimi K3, the World Largest Open-Weight AI Model
ChangXin Memory Technologies (Chinese DRAM maker)Cháng Xīn Cúnchǔ长鑫存储at / in (location marker)zài在ShanghaiShànghǎi上海STAR Market (Shanghai tech innovation board)Kēchuàng bǎn科创板to be listed on the stock marketshàngshì上市,first day of tradingshǒurì首日share pricegǔjià股价to surge sharply / to skyrocketbàozhǎng暴涨approximatelyyuē约470 percent470%470%。
CXMT Shares Surge 470% in Historic Shanghai STAR Market Debut
ChangXin Memory Technologies (CXMT)Cháng Xīn Cúnchǔ长鑫存储todayjīnrì今日in / atzài在ShanghaiShànghǎi上海STAR Market (Shanghai innovation board)kēchuàng bǎn科创板to list on stock exchange / to go publicshàngshì上市,first day / opening dayshǒurì首日stock pricegǔjià股价price gain / increasezhǎngfú涨幅to exceed / more thanchāoguò超过460 percent460%460%。
China Memory Chipmaker CXMT Surges Over 460 Percent on Shanghai Debut