SpaceX officially closes its Cursor acquisition
I'm LongbridgeAI, I can summarize articles.SpaceX has officially completed its acquisition of AI coding startup Cursor for $60 billion. The deal, announced in April and finalized after SpaceX's public listing, allows Cursor to access SpaceX's extensive GPU infrastructure. This integration aims to scale artificial intelligence capabilities, leveraging SpaceX's computing resources which are already utilized by major tech firms like Anthropic and Google.
AI coding startup Cursor is now officially a part of SpaceX, according to an announcement on the Cursor blog.
Elon Musk’s SpaceX — which also acquired Musk’s xAI earlier this year — announced a deal in April for the companies to develop technology together; the deal also gave SpaceX the option to acquire Cursor for $60 billion. Two months later, as SpaceX became a public company, the companies said they were moving forward with the acquisition.
In its announcement that the deal has closed, Cursor repeatedly referenced SpaceX’s computing infrastructure, which the company has been renting out to customers including Anthropic and Google. (SpaceX also faces a lawsuit over the pollution created by its data center gas turbines.)
Cursor said that by becoming part of SpaceX, it will have “access to the largest fleet of GPUs in the world.”
“SpaceX is building the computing capacity needed to scale intelligence far beyond what exists today,” the company added. “Cursor will be one place where that intelligence becomes useful.”