Bill Ackman, Chamath Palihapitiya React To SpaceX's $60 Billion Cursor Acquisition: Why AI Companies Command 'Massive Premiums' (opens in new tab)

Space Exploration Technologies Corp.‘s $60 billion acquisition of AI coding startup Cursor has ignited a fierce Wall Street debate, drawing high-profile reactions from billionaire investor Bill Ackman and venture capitalist Chamath Palihapitiya on why the market will pay “massive premiums”...