SpaceX Officially Closes Its $60 Billion Cursor Acquisition
SpaceX has officially completed its acquisition of AI coding startup Cursor, a deal first announced in April. Cursor now becomes part of Elon Musk's space company.
AI coding startup Cursor has officially become part of Elon Musk's SpaceX, according to an announcement posted on Cursor's blog. The move follows SpaceX's earlier acquisition of Musk's AI company xAI earlier this year.
The partnership between SpaceX and Cursor was first announced in April, when the two companies agreed to jointly develop technology. That agreement also gave SpaceX the option to acquire Cursor outright for $60 billion. Two months later, after SpaceX became a publicly traded company, both firms confirmed they were proceeding with the acquisition.
Access to Massive Computing Power
In its announcement that the deal had closed, Cursor repeatedly highlighted SpaceX's computing infrastructure, which SpaceX has been renting out to clients including Anthropic and Google. Cursor said that joining SpaceX would give it access to "the largest fleet of GPUs in the world."
The company added that SpaceX is building the computing capacity needed to scale artificial intelligence far beyond current levels, and that Cursor would be one of the places where that expanded capability gets put to practical use.
Separately, SpaceX is currently facing a lawsuit related to pollution generated by the gas turbines powering its data centers.
