SpaceX, fresh from its IPO, is purchasing Cursor for $60 billion to strengthen its position in enterprise AI and compete with leaders like OpenAI and Anthropic.
The acquisition is expected to bolster SpaceX's AI division
Jun 16, 2026
07:26 pm
What's the storySpaceX, Elon Musk's company, has announced its acquisition of AI coding start-up Cursor for a whopping $60 billion.
The deal comes just days after SpaceX's historic IPO and less than two months after the two companies announced their partnership.
SpaceX to acquire the AI coding startup Cursor for $60 billion
SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO | TechCrunch
SpaceX buys AI coding start-up Cursor for US$60 billion in race for an edge over Anthropic and OpenAI
SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI
SpaceX acquires AI coding platform Cursor for $60 billion
SpaceX Shares Hit New High as Elon Musk's Firm Agrees to Acquire AI Startup Cursor for $60 Billion - Decrypt
SpaceX Acquires Cursor AI In $60 Billion Deal As Coding Agent Race Heats Up
SpaceX to acquire AI coding platform Cursor for $60 billion
SpaceX buys AI coding startup Cursor for $60 billion
SpaceX poised for growth after acquiring AI coding platform Cursor in $60B deal
The deal will help to bolster the company's efforts to compete with rivals like Anthropic and OpenAI, which also offer popular…
The deal is supposed to help SpaceX's struggling AI division. The company told IPO investors it sees a $26 trillion addressable…
SpaceX will move forward with its US$60-billion acquisition of artificial intelligence (AI) start-up Cursor as Elon Musk's space…
SpaceX will move forward with its $60 billion acquisition of artificial intelligence startup Cursor as Elon Musk’s space…
Separately, neither could compete. Now they hope they can.
Having fallen behind AI coding rivals OpenAI and Anthropic, Elon Musk's SpaceX now plans to acquire the talent it needs with a…
