Tags: regulatory review

xAI’s general counsel, James Burnham, sent an internal memo this week ordering employees to curb interactions with staff from Cursor, the AI coding startup that SpaceX could acquire for up to $60 billion. The guidance arrives amid a technical partnership announced in April and comes as regulators watch for gun‑jumping violations that could jeopardize the pending merger. Burnham warned that any improper collaboration might be subpoenaed during the Justice Department’s review, underscoring the high stakes as SpaceX prepares for what could be the largest IPO in history. Read more