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Home Technology

SpaceX formally closes its Cursor acquisition

by Vegas Valley News
August 15, 2026
in Technology
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SpaceX formally closes its Cursor acquisition
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AI coding startup Cursor is now formally part of SpaceX, in response to an announcement on the Cursor weblog.

Elon Musk’s SpaceX — which additionally acquired Musk’s xAI earlier this yr — introduced a deal in April for the businesses to develop expertise collectively; the deal additionally gave SpaceX the choice to accumulate Cursor for $60 billion. Two months later, as SpaceX grew to become a public firm, the businesses stated they have been shifting ahead with the acquisition.

In its announcement that the deal has closed, Cursor repeatedly referenced SpaceX’s computing infrastructure, which the corporate has been renting out to clients together with Anthropic and Google. (SpaceX additionally faces a lawsuit over the air pollution created by its knowledge middle fuel generators.)

Cursor stated that by turning into a part of SpaceX, it is going to have “entry to the most important fleet of GPUs on the earth.”

“SpaceX is constructing the computing capability wanted to scale intelligence far past what exists at the moment,” the corporate added. “Cursor will probably be one place the place that intelligence turns into helpful.”

Tags: acquisitionclosesCursorOfficiallySpaceX
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