SpaceX nears deal with Cursor
Axios
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SpaceX said Tuesday it agreed to a deal with https://www.axios.com/technology/automation-and-ai" target="_blank">AI coding startup Cursor that could result in an acquisition or $10 billion investment.
Why it matters: The deal underscores CEO Elon https://www.axios.com/2026/04/01/spacex-elon-musk-ipo" target="_blank">Musk's push to make SpaceX into an AI powerhouse ahead of its https://www.axios.com/2026/04/01/spacex-elon-musk-ipo" target="_blank">potential IPO, which could be the largest in history.
Driving the news: Cursor, the original vibe coding startup, has raised more than $3 billion and has recently been in talks to secure additional funding.
- SpaceX https://www.axios.com/2026/02/02/spacex-xai-musk" target="_blank">acquired xAI, Musk's other AI startup, in February.
- That transaction valued the combined company at $1.25 trillion, according to the New York https://www.nytimes.com/2026/04/21/business/spacex-cursor-deal.html" target="_blank">Times.
What we're watching: If the deal goes through, it could signal that SpaceX is willing to keep spending aggressively to bulk up on AI goodness before public investors get a say in its valuation.
SpaceX Eyes $60 Billion Cursor Acquisition
- SpaceX and Cursor strike partnership that might end in a $60 billion acquisition Engadget —
- SpaceX is working with Cursor and has an option to buy the startup for $60 billion Techcrunch —
- SpaceX Secures Option to Buy AI Startup Cursor For $60 Billion Wall Street Journal —
- SpaceX strikes $60bn deal to acquire AI start-up Cursor Financial Times —
- SpaceX Says It Has Agreement to Acquire Cursor for $60 Billion Bloomberg —