(Bloomberg) -- SpaceX said it has an agreement giving it the right to acquire artificial intelligence startup Cursor for $60 billion later this year or to pay $10 billion for the companies’ work together, part of the Elon Musk-run firm’s efforts to catch up with rivals in AI coding tools.Most Read from BloombergInside Alex Cooper’s Unwell: Tears, Screaming and Employees Looking for the ExitKuwait Declares Further Force Majeure on Oil ShipmentsTrump Extends Iran Ceasefire, Keeps Blockade as Talks