SpaceX has completed its $60 billion acquisition of Cursor, a coding startup. During an all-hands meeting, Elon Musk told staff that SpaceX's AI unit had fallen behind competitors and that he was not used to losing. He noted that unlike Tesla or SpaceX, which lead their industries, SpaceXAI's Grok is not the market leader and needs to catch up. The information was provided by five people with knowledge of the meeting.
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