- SpaceX has officially completed its acquisition of Cursor, a startup that develops artificial intelligence tools for programming.
- Cursor announced the closing of the deal on its blog, according to TechCrunch.
- In April, SpaceX and Cursor announced a partnership to develop technologies, including an option for SpaceX to acquire Cursor for $60 billion.
- Two months later, after SpaceX went public, the parties stated that they were moving toward finalizing the acquisition.
- In July, xAI officially became SpaceXAI.
- Shortly after the new name was announced, the companies released the first model SpaceXAI and Cursor built together, designed for coding and agentic tasks.
- Since then, they released Grok 4.6, which builds on 4.5 and was trained for real-life tasks like coding and web development.
- Cursor will gain access to the world’s largest fleet of graphics processing units following its acquisition by SpaceX.
- SpaceX’s computing power is needed to scale AI, and Cursor will be one of the places where these capabilities will be applied.
SpaceX has officially completed its acquisition of Cursor for $60 billion, a startup known for its AI coding tools. This acquisition, first announced in April, allows Cursor to leverage SpaceX's extensive computing infrastructure, which is crucial for scaling AI technologies.134
Cursor's announcement highlighted that it will now have access to the largest fleet of GPUs in the world, significantly enhancing its capacity to build and train advanced AI models. The startup aims to offer these improved capabilities to its clients at a lower cost, including major players like Anthropic and Google.
The partnership between SpaceX and Cursor began with a collaboration to develop AI technologies, which evolved into this substantial acquisition. Cursor's tools are designed to excel in coding and knowledge work, and the companies have already released Grok 4.6, a model trained for real-life tasks such as web development and computer-aided design.89
With this acquisition, SpaceX not only expands its portfolio in the AI sector but also strengthens its position in the tech industry by integrating Cursor's innovative solutions into its operations. The deal marks a significant step in the ongoing evolution of AI and its applications in various fields.
“The deal, which included an option to acquire Cursor for $60 billion, was first announced in April as a partnership. Cursor will now leverage SpaceX's computing infrastructure, which it leases to clients like Anthropic and Google, to build and train models at lower costs.”
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