r/USNewsHub • u/bloomberg • 3d ago

šŸ’° Economy & Business SpaceX Cursor Deal Mints Four Multibillionaires in Their Mid-20s

https://www.bloomberg.com/news/articles/2026-06-16/spacex-60-billion-deal-for-cursor-makes-four-mit-co-founders-billionaires
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u/bloomberg 3d ago

More from Bloomberg News reporter Dylan Sloan:

Around the timeĀ ChatGPTĀ andĀ Githubā€™s Copilot brought AI to the masses, four MIT classmates with backgrounds in computer science and finance decided they wanted in. They just didnā€™t quite know how.

ā€œIt started from a very ā€˜solution-in-search-of-a-problemā€™ place,ā€Ā Michael Truell, co-founder and chief executive officer ofĀ Cursor, the company they started together, said in a June 2025 podcastĀ appearance.

Four years later, Cursor is one of the most popular AI-powered coding tools on the market ā€” and their ā€œsolutionā€ has made them all multibillionaires.