TNB Tech Minute: SpaceX to Buy Coding Agent Cursor for $60 Billion
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 16 June 2026
⏱️ 2 minutes
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| 0:00.0 | Okay, Micah, what do you want now? |
| 0:03.0 | Roy! It's coming home, baby. |
| 0:06.0 | Can't you feel it? |
| 0:07.0 | The excitement, the group chats, the atmosphere. |
| 0:11.0 | Well... |
| 0:12.0 | Come on! |
| 0:14.0 | I've got a good feeling about this one, Roy. |
| 0:17.0 | The world's gone football! |
| 0:24.6 | Okay, Dan, a bit. |
| 0:28.0 | Getting on the action this summer with Skybet. |
| 0:29.9 | 18 plus gambleaware.org. |
| 0:35.0 | Here's your morning TNB Tech Minute for Tuesday, June 16th. |
| 0:37.2 | I'm Imani-Mauese for the Wall Street Journal. SpaceX is buying Cursor |
| 0:39.7 | Parenthood any sphere for $60 billion, striking a massive deal for an autonomous coding agent |
| 0:45.0 | that could help the company catch up with its AI rivals after its blockbuster IPO. According to a |
| 0:51.0 | filing release today, Cursor will receive $60 billion worth of SpaceX stock under the agreement. |
| 0:56.7 | In April, SpaceX said that it had secured the right to buy cursor. The company said at the time it was |
| 1:01.6 | working closely with Cursor on coding and AI. SpaceX's deal for Cursor is expected to close in the third |
| 1:07.5 | quarter of 2026. In other musk-related news, a California judge has dismissed |
| 1:13.3 | a lawsuit from X-AI that accused OpenAI of trying to steal trade secrets. The judge ruled that Elon |
| 1:19.2 | Musk's AI company, which is now a part of SpaceX, didn't prove OpenAI approached a former engineer |
| 1:24.5 | to get information about its Grock chatbot, and she barred the company from pursuing the case further. |
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