Sources: Microsoft Passed on Cursor Before SpaceX $60B Deal; Shares Rise to $432.92

CNBC reports throughout April 23 confirm Microsoft explored acquiring AI coding startup Cursor but chose not to bid, allowing SpaceX to secure a $60 billion acquisition right or $10 billion penalty. This disrupted Cursor's near-$50 billion VC funding talks and spotlights intense AI M&A rivalry, with Microsoft's GitHub Copilot at 4.7 million paying subscribers, up 75% YoY. Shares, down 10% YTD, surged 2% to $432.92 as investors eye Microsoft's AI strategy momentum.