Economy
SpaceX Finalizes $60 Billion Acquisition of AI Coding Startup Cursor

SpaceX Finalizes $60 Billion Acquisition of AI Coding Startup Cursor

TechCrunch2h
THE BRIEF
1

SpaceX has officially closed its acquisition of the AI coding startup Cursor, a deal initially valued at $60 billion following an agreement reached in April.

2

The acquisition grants Cursor access to SpaceX's extensive computing infrastructure and global fleet of GPUs to scale intelligence capabilities beyond current industry standards.

3

This move follows SpaceX's earlier acquisition of xAI and comes as the company continues to expand its computing capacity for customers including Anthropic and Google.