xAI has struggled to compete with Anthropic and OpenAI on AI coding tools. Cursor is Musk's answer.

SpaceX (SPAX.PVT) is going public with a rocket-company reputation, but its own IPO filing points investors somewhere else: AI. The preliminary prospectus opens with a huge market-opportunity chart ...

Elon Musk's rocket company has agreed to buy Cursor, which uses AI to automate the process of writing code.