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SpaceX Pounces on $60 Billion Cursor Takeover Days After IPO

June 19, 2026
in AI & Technology
Reading Time: 1 min read
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Sara Araghi, portfolio manager at Franklin Templeton – which backed SpaceX long before its IPO – says SpaceX cementing its $60 billion takeover of Cursor so quickly “makes sense” considering the company’s AI ambitions. She joins Ed Ludlow on “Bloomberg Tech.”
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