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SpaceX Officially Completes $60B Acquisition of AI Coding Startup Cursor

SpaceX has officially closed its acquisition of AI coding startup Cursor, according to an announcement on Cursor’s blog. The deal follows an agreement first announced in April, when Elon Musk’s SpaceX partnered with Cursor and secured an option to acquire the company for $60 billion. The companies confirmed plans to move forward with the acquisition two months later, shortly after SpaceX became a publicly traded company.

Cursor’s announcement highlighted SpaceX’s computing infrastructure as a key motivator behind the deal, noting the company’s growing role in renting out compute capacity to clients including Anthropic and Google. Cursor said joining SpaceX would give it access to what it described as the largest fleet of GPUs in the world, framing the acquisition as part of SpaceX’s broader effort to expand computing capacity capable of scaling advanced AI systems. The company said Cursor would serve as one avenue through which that computing power translates into practical AI applications.

The acquisition adds Cursor to a growing list of AI-related assets under Musk’s umbrella of companies, following SpaceX’s earlier acquisition of Musk’s AI venture, xAI. SpaceX separately faces legal scrutiny over pollution linked to gas turbines powering its data center operations.

James Dargan
About the author
James Dargan

James Dargan is a writer and researcher at The AI Insider. His focus is on the AI startup ecosystem and he writes articles on the space that have a tone accessible to the average reader.

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