SpaceX Sets 2026 Option to Buy AI-Coding Startup Cursor for Up to $60 Billion

Overview

• SpaceX said Tuesday it secured the right to acquire Cursor in 2026 for up to $60 billion, with a $10 billion strategic partnership outlined if the purchase does not close.
• SpaceX stated that combining Cursor’s product and distribution with its Colossus training system, which it describes as equal to one million H100 GPUs, would produce stronger programming models.
• Cursor, known for an assistant that helps write and debug code, said it had run into compute limits and will use Colossus to train larger models.
• Reuters reporting, cited in local coverage, noted that Cursor engineering leaders Andrew Milich and Jason Ginsberg recently joined SpaceX, signaling tighter operational ties.
• The announcement follows SpaceX’s February merger with xAI and precedes a public offering expected in mid‑June, while the transaction remains conditional and key details on financing and approvals are still pending.