SpaceX officially closes $60B Cursor acquisition

Original: SpaceX officially closes its Cursor acquisition

Why This Matters

A $60B AI coding tool acquisition signals SpaceX's growing role in AI infrastructure beyond aerospace.

SpaceX has officially closed its acquisition of AI coding startup Cursor, valued at $60 billion. The deal, announced in April 2026, gives Cursor access to SpaceX's global GPU infrastructure, which already serves clients such as Anthropic and Google.

AI coding startup Cursor is now officially part of SpaceX, following the closure of an acquisition first announced in April 2026. The original agreement outlined a partnership to develop technology together, with SpaceX holding an option to acquire Cursor for $60 billion. Two months after that announcement, as SpaceX transitioned to a public company, both parties confirmed they were proceeding with the full acquisition. SpaceX had previously acquired Elon Musk's xAI earlier the same year. In a blog post confirming the deal's closure, Cursor emphasized access to SpaceX's computing infrastructure — the same infrastructure the company rents to clients including Anthropic and Google. Cursor stated it will now have 'access to the largest fleet of GPUs in the world,' and added: 'SpaceX is building the computing capacity needed to scale intelligence far beyond what exists today. Cursor will be one place where that intelligence becomes useful.' SpaceX's data center operations are also currently facing a lawsuit over pollution linked to its gas turbines.

Source

techcrunch.com — Read original →