Fund Launch
60 posts

Fund Launch
@fundlaunch_ai
141,000 students | $7.1 billion client AUM Inc 5000 (#2652) fastest growing companies in America







🇺🇸 Elon just locked in a deal to buy Cursor for $60 billion. SpaceX has the option to acquire Anysphere, Cursor's parent company, before the end of the year. If they walk away, SpaceX still pays $10 billion "for their work together," basically one of the largest termination fees in history. Which tells you they have no intention of backing out. Cursor does $2 billion in annualized revenue and its users are mostly elite software engineers, exactly the kind of customer base Elon wants heading into SpaceX's summer IPO. The combined group is expected to hit $1.75 trillion at listing, the largest flotation ever. @elonmusk now has space, satellites, AI, social media, and the world's most popular coding tool under one roof. What he's cooking up will be wild. Source: Financial Times


