SpaceX plans $60B Kersor acquisition

SpaceX announced its acquisition of Anysphere, the developer of the AI programming tool Kersor, for $60 billion through a stock exchange. The deal is expected to be finalized in the third quarter of the year after regulatory approvals. This move follows a decision by SpaceX in April, which gave it the option to either pay $10 billion for a partnership or acquire Kersor. Kersor is a rapidly growing startup with annual revenues of approximately $2.6 billion, developing AI technologies to accelerate software development. SpaceX is focusing on expanding its presence in the enterprise AI market.

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