SpaceX has announced its intent to acquire AI programming startup Cursor for $60 billion. The agreement grants SpaceX the right to finalize the acquisition later this year or alternatively pay $10 billion to advance their collaboration. Cursor, known for its code-writing software, has seen rapid growth, with its valuation now estimated at $3 billion. In other developments, prediction market platforms Kalshi and Polymarket are set to launch perpetual contracts, marking their entry into the derivatives space. Kalshi plans to introduce crypto-linked perpetual contracts, while Polymarket will offer leveraged trading on various assets, including Bitcoin and gold. These moves position both platforms to compete more directly with established cryptocurrency exchanges.