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SpaceX is working with Cursor and has an option to buy the startup for $60 billion

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SpaceX said it has struck a deal with Cursor to develop a next generation “coding and knowledge work AI,” which includes a surprising provision—an option to buy the popular software development platform for $60 billion later this year.

Partnering with and potentially purchasing a leader in the hottest AI product category can only be seen in the context of SpaceX’s much-anticipated public offering. Investors seeking more value in the IPO might see its engagement with Cursor as another way to extract value from Elon Musk’s increasingly sprawling tech conglomerate.

The deal won’t shock those who follow the industry closely. Last week, it was reported that xAI would begin renting computing power from its data centers to Cursor, with the coding startup using tens of thousands of xAI chips to train its latest AI model. And last month, two of Cursor’s most senior engineering leaders, Andrew Milich and Jason Ginsberg, left the company to join xAI, where both report directly to Musk.

SpaceX described the partnership as a project combining Cursor’s “product and distribution to expert software engineers” with SpaceX’s Colossus supercomputer, which the company claims has the equivalent compute power of a million Nvidia H100 chips.

SpaceX also said that at some undisclosed point later this year, it will either pay Cursor $10 billion for its work or acquire the company for $60 billion. Last week, TechCrunch reported that Cursor was eying a $50 billion valuation in an upcoming private fundraising round. That figure itself reflects an astonishing series of leaps. Cursor was valued at just $2.5 billion in January of last year, climbed to $9 billion by last May May, and was assigned a $29.3 billion post-money valuation when it closed on $2.3 billion in Series D funding in November.

Either figure would represent a significant expense for SpaceX, which is widely seen to be losing money following the acquisition of xAI and the social media network X and is planning extensive capital investment. The brief statement did not say if either deal could be paid in SpaceX stock.

In the meantime, the move could shore up weaknesses at each company, but it also reveals them. Neither Cursor nor xAI has proprietary models that can match the leading offerings from Anthropic and OpenAI — the same companies now competing directly with Cursor for the developer market.

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Cursor still uses and sells access to Claude and GPT models even as both firms roll out their own coding tools, an awkward arrangement that this new SpaceX partnership may be designed to eventually escape.

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Nigerian Wonderkid “Ostilo” Begins Trials With Turkish Giants Beşiktaş

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Former Nigeria U17 international Adewale Quadri, popularly known as “Ostilo” among teammates and close friends, has officially commenced trials with Turkish giants Beşiktaş J.K. youth team.

The highly-rated Nigerian youngster is currently being evaluated by the Istanbul-based club as he continues his pursuit of a breakthrough opportunity in European football.

Read Also: Diana Eze Sets New Personal Best at AGN Track & Field League in South Africa

Sources close to the player indicate that Quadri has already begun making positive impressions during the trial period with his performances, attitude, and work ethic attracting attention within the club setup.

The talented prospect has reportedly shown strong determination, technical ability, maturity on the ball, and attacking quality during training sessions and evaluation matches.

Known for his confidence, creativity, and energetic style of play, the former Nigeria U17 player continues to strengthen his reputation as one of the exciting young Nigerian talents aiming to establish themselves abroad.

Beşiktaş—popularly known as the Kara Kartallar (Black Eagles)—remain one of the biggest and most historic clubs in Turkish football, making the opportunity another important milestone in Quadri’s young career.

Football followers and supporters close to the player remain hopeful that the talented Nigerian can successfully complete the process and secure a permanent place within the club’s development system.

For Adewale Quadri, the trial represents another major step toward achieving his European football dream while proudly representing Nigeria on the international stage.

As the evaluations continue in Turkey, many will now be eagerly waiting for positive news regarding the future of the promising youngster known as “Ostilo.”

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FAAN announces additional health screening measures, enhanced Ebola surveillance at Nigerian airports

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The Federal Airports Authority of Nigeria (FAAN) has assured travellers and other airport users that enhanced health surveillance measures have been activated across the country’s international airports following renewed Ebola concerns in parts of Central Africa.

In a statement issued on Wednesday, FAAN said the measures were introduced in collaboration with Port Health Services, the Nigeria Centre for Disease Control and Prevention (NCDC) and other relevant agencies to strengthen preparedness and prevent possible health risks.

According to the authority, surveillance and passenger monitoring have been intensified, particularly for travellers arriving from high-risk regions.

“Passengers are being screened for symptoms associated with Ebola, and any suspected case will be promptly isolated and subjected to secondary health checks in line with established national and international health protocols,” the statement said.

FAAN noted that additional emergency response procedures have also been reinforced while airport personnel have undergone increased sensitisation as part of precautionary efforts.

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The authority stressed that there is currently no confirmed Ebola case in Nigeria but said it remains vigilant in safeguarding public health and ensuring safe airport operations.

“FAAN remains vigilant and fully committed to safeguarding public health and maintaining safe airport operations,” the agency stated.

READ ALSO: FAAN nabs four unauthorised persons at Akure airport

Passengers were also advised to remain calm, cooperate with health screening procedures and report any symptoms to health officials at the airports.

The development comes as health authorities across parts of Africa continue to monitor Ebola-related concerns and strengthen border surveillance to prevent cross-border transmission.

Nigeria’s aviation and health authorities have previously activated similar emergency screening measures during periods of global and regional disease outbreaks, including the COVID-19 pandemic and earlier Ebola scares.


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