Michael Truell

Stories

SpaceX buys AI coding startup Cursor in $60 billion stock deal

As of August 2026: Joined SpaceXAI after the acquisition closed on Aug. 14, 2026

SpaceX went public on June 12 in the largest stock-market debut ever. Five days later, it agreed to spend $60 billion on Cursor, an AI coding tool barely three years old. The all-stock deal closed on Aug. 14.

Updated Aug 31

GitHub Copilot replaces flat subscriptions with token-based billing

Money Moves

As of June 2026: Runs Copilot's leading independent rival

For four years, GitHub Copilot users paid a flat fee for as many AI suggestions as they wanted. On June 1, that ended. Every paid tier — Pro, Pro+, Business and Enterprise — now bills by tokens consumed, with projected monthly bills for heavy users jumping from $29 to several hundred dollars.

Updated Jun 1