New Delhi, April 22 -- SpaceX has unveiled an ambitious agreement with artificial intelligence startup Cursor, securing the option to acquire the fast-rising coding platform for $60 billion later this year or, alternatively, to invest $10 billion in their ongoing collaboration. The announcement marks a decisive escalation in Elon Musk's efforts to position SpaceX at the forefront of AI-driven software development ahead of a potential public listing that could rank among the largest in history.

The deal is a direct response to mounting pressure on Elon Musk's AI ambitions. Musk had publicly acknowledged that xAI - the artificial intelligence company he founded and subsequently merged with SpaceX in February - was lagging behind rivals in ...