TechCrunch4/21/2026BusinessUnited States
SpaceX Partners With Cursor in $60 Billion Potential Acquisition Deal
SpaceX announces deal with AI coding platform Cursor, gains option to acquire startup for $60B or pay $10B for partnership work
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- SpaceX has announced a partnership with AI coding platform Cursor to develop next-generation coding and knowledge work AI, with an option to acquire the company for $60 billion later this year or pay $10 billion for its work.
- The deal comes amid xAI renting computing power to Cursor and two senior Cursor engineers recently joining xAI.
- Cursor's valuation has surged from $2.5 billion in January 2024 to $29.3 billion in November 2024.
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SpaceX has announced a partnership with AI coding platform Cursor to develop next-generation coding and knowledge work AI, with an option to acquire the company for $60 billion later this year or pay $10 billion for its work. The deal comes amid xAI renting computing power to Cursor and two senior Cursor engineers recently joining xAI. Cursor's valuation has surged from $2.5 billion in January 2024 to $29.3 billion in November 2024.
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