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How SpaceX preempted a $2B fundraise with a $60B buyout offer

TechCrunch • Wed, 22 Apr 2026

How SpaceX preempted a $2B fundraise with a $60B buyout offer

Cursor was on track to close a $2 billion funding round this week but chose to halt discussions after SpaceX offered a $10 billion "collaboration fee" and a path to a $60 billion acquisition.

What happened?

Cursor was on track to close a $2 billion funding round this week but chose to halt discussions after SpaceX offered a $10 billion "collaboration fee" and a path to a $60 billion acquisition.

Story details

Cursor was on track to close a $2 billion funding round this week but chose to halt discussions after SpaceX offered a $10 billion "collaboration fee" and a path to a $60 billion acquisition.

Why it matters

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Original source

https://techcrunch.com/2026/04/22/how-spacex-preempted-a-2b-fundraise-with-a-60b-buyout-offer/