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SpaceX Pounces on $60 Billion Cursor Takeover Days After IPO

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June 16, 2026

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Sara Araghi, portfolio manager at Franklin Templeton - which backed SpaceX long before its IPO - says SpaceX cementing its $60 billion takeover of Cursor so quickly "makes sense" considering the company's AI ambitions. She joins Ed Ludlow on "Bloomberg Tech."

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Guests & Subjects Covered

Sara AraghiFranklin TempletonEd LudlowBloomberg TechYouTube WatchCaroline HydeSilicon ValleyFollow Caroline Hyde

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SpaceX Pounces on $60 Billion Cursor Takeover Days After IPO · Bloomberg Technology · Sentinel