SpaceX completes $60 billion acquisition of AI coding startup Cursor

SpaceX has officially closed its acquisition of Cursor, an AI coding startup, as announced on the Cursor blog. The deal, which was first announced in April, gave SpaceX the option to acquire Cursor for $60 billion. The acquisition follows SpaceX's earlier acquisition of Elon Musk's xAI, and comes after SpaceX became a public company in June. Cursor will now have access to SpaceX's computing infrastructure, which the company has been renting out to customers including Anthropic and Google. Cursor stated that by becoming part of SpaceX, it will have access to the largest fleet of GPUs in the world. The company emphasized that SpaceX is building the computing capacity needed to scale intelligence far beyond what exists today, and that Cursor will be one place where that intelligence becomes useful. The deal is significant as it combines SpaceX's massive computing resources with Cursor's AI coding tools, potentially accelerating the development of advanced AI applications. However, SpaceX also faces a lawsuit over pollution created by its data center gas turbines, which could pose challenges to its expansion plans. The acquisition is part of a broader trend of tech companies consolidating AI capabilities, and it underscores the growing importance of computing power in the AI industry.