SpaceX is ready to buy Cursor for $60 billion
With the start-up, which sells AI models for coding activities, Musk's company would strengthen its position in the AI programming market, where it has so far been weaker than its competitors
by Giulia Riva
SpaceX said it could acquire Cursor by the end of the year for $60 billion, or it would pay $10 billion for 'working together'.
The company founded by Elon Musk, who now holds the position of ceo, announced in a post on X that it had obtained the rights to acquirethe coding startup Cursor for 60 billion by the end of the year. Alternatively, it will pay 10 billion for a partnership. "SpaceXAI and Cursor are working closely together now to create the world's best AI for coding and knowledge-based work," the company said in the post. Musk is intensifying his presence in the lucrative market for AI-based development tools.
Along with OpenAI and Anthropic, Cursor is one of several Silicon Valley start-ups that have attracted waves of developers using artificial intelligence to automate code writing, an area where AI companies have found early commercial traction.
The deal could give xAI - the producer of the Grok chatbot that SpaceX integrated in February - a stronger position in the AI programming market, where it has so far lagged behind its competitors. It would also give Cursor more computing power to develop artificial intelligence models.
"The combination of Cursor's leading product and its deployment among experienced software engineers with SpaceX's one million H100-equivalent Colossus training supercomputer will allow us to build the world's most useful models," SpaceX said in a post on X on Tuesday.


