SpaceX has officially completed its acquisition of Cursor, the AI coding startup, following a deal that was first announced in April 2026. Cursor confirmed the closing in a post on its blog.
The path to the acquisition unfolded over several months. SpaceX initially struck an agreement in April 2026 for the two companies to develop technology together, with an option for SpaceX to acquire Cursor for $60 billion. Two months later, as SpaceX transitioned to a public company, both parties confirmed they were moving forward with the purchase.
The Cursor deal is the second major acquisition SpaceX has completed this year — the company also acquired Elon Musk’s AI venture xAI earlier in 2026.
In announcing the close, Cursor emphasized the computing resources it expects to gain through the deal. SpaceX operates a large computing infrastructure that it has been renting out to customers including Anthropic and Google, though the company also faces a lawsuit related to pollution from gas turbines at its data centers.
Cursor said joining SpaceX would give it “access to the largest fleet of GPUs in the world,” and framed the move as an opportunity to scale its AI capabilities significantly. “SpaceX is building the computing capacity needed to scale intelligence far beyond what exists today,” Cursor wrote. “Cursor will be one place where that intelligence becomes useful.”
For Cursor, the acquisition could mean substantially expanded infrastructure to power its AI coding tools. For SpaceX, it adds a consumer-facing AI software product to a portfolio that now spans aerospace, computing infrastructure, and artificial intelligence.
Source: TechCrunch