SpaceX completes acquisition of AI coding startup Cursor

SpaceX has officially completed its acquisition of AI coding startup Cursor, according to an announcement on Cursor's blog. The deal, initially revealed in April, provided SpaceX with the option to acquire Cursor for $60 billion. This acquisition follows SpaceX's earlier purchase of Elon Musk's xAI earlier this year.

Cursor highlighted its integration with SpaceX's computing infrastructure, which the latter rents out to clients such as Anthropic and Google. The startup stated that becoming part of SpaceX will provide it with access to the world's largest fleet of Graphics Processing Units (GPUs). Cursor anticipates leveraging SpaceX's capacity to scale intelligence significantly, aiming to make that intelligence useful through its platform.

SpaceX is reportedly building substantial computing capacity to support the advancement of artificial intelligence.