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

TechCrunch 22 April 2026 2h ago
How SpaceX preempted a $2B fundraise with a $60B buyout offer
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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.
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