SpaceX has secured the right to acquire artificial intelligence startup Cursor in a deal valued at $60 billion, according to reports from multiple financial news outlets.

The potential acquisition would represent one of the largest deals in the AI sector and could generate substantial returns for Cursor's early investors. Andreessen Horowitz and Thrive Capital, two prominent venture capital firms, are positioned to benefit significantly from the transaction given their previous investments in the AI company.

Cursor has emerged as a notable player in the artificial intelligence space, though specific details about the company's technology and current operations were not immediately disclosed. The $60 billion valuation would place it among the most valuable AI startups globally.

SpaceX's interest in acquiring an AI company signals the space exploration company's continued expansion beyond its core rocket and satellite businesses. The company, led by Elon Musk, has previously invested in various technology sectors as it seeks to diversify its operations.

The transaction structure grants SpaceX the right to purchase Cursor rather than representing a completed acquisition. The timeline for any potential completion of the deal and specific terms beyond the valuation were not immediately available.