SpaceX has finalized its $60 billion acquisition of AI coding startup Cursor, enhancing its capabilities in enterprise AI software and computing infrastructure.
SpaceX has officially completed its $60 billion acquisition of Cursor, an AI coding startup, as of Friday. This move follows a partnership that began in April, which granted SpaceX the option to acquire the company. The commitment to the acquisition was made in June.
In an announcement via X, Cursor stated, “Cursor is now part of @SpaceX. Today, we have officially closed our acquisition. We will join the @SpaceXAI team to help make Grok the world’s most useful AI and improve Grok Build, Grok Bot, Grok API, Cursor, and more. SpaceX has built some of the most inspiring and impressive technology in the world, and we’re grateful for the opportunity to become part of such a special company. Onwards.” Elon Musk responded with a simple, “Welcome.”
According to Business Insider, Cursor collaborated with SpaceX to train Grok 4.5, utilizing “trillions of tokens of Cursor data.” This model marked a significant development as it was the first Cursor built that extended beyond software engineering. Cursor co-founder Aman Sanger expressed his enthusiasm for the collaboration on X in July, stating, “It’s been a pleasure working with the SpaceXAI team on it.” The company also played a role in training Grok 4.6, which SpaceX released on Wednesday.
Financial analysts at Morgan Stanley estimate that Cursor could contribute approximately $2.5 billion to SpaceX’s revenue in 2026 and $13 billion in 2027, as reported by Yahoo Finance. This acquisition could bolster a more optimistic valuation for SpaceX, particularly if the coding platform continues its rapid growth trajectory.
Cursor has established itself as a leading player in the AI-powered coding platform market, competing with offerings from companies such as Anthropic and OpenAI. The acquisition is expected to strengthen SpaceX’s position in enterprise AI software while providing Cursor with access to the extensive computing infrastructure of Musk’s companies.
Cursor has expressed confidence in its future ambitions alongside SpaceX. The company noted, “We will have access to the largest fleet of GPUs in the world, giving us the compute to build stronger models that are also more economical to run.” This advancement will enable Cursor to offer customers more capable models at a lower cost.
“Grok 4.6, which we released Wednesday, provides an early look at what we can now build together. 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,” the company added. “For us, that opens a much larger horizon than the one we started with, while keeping the work familiar. We still want to help people with ambitious ideas spend less time writing code and more time solving harder problems.”
The acquisition of Cursor by SpaceX marks a significant step in the evolution of AI technology and its applications in coding and software development.
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