AI NewsSpaceX Acquires Cursor, the AI Coding Startup Competing With Claude Code and OpenAI Codex

SpaceX Acquires Cursor, the AI Coding Startup Competing With Claude Code and OpenAI Codex

11:52 AM IST · June 17, 2026

SpaceX has acquired AI coding startup Cursor in a $60 billion (roughly Rs. 5,66,500 crore) all-stock deal, bringing a prominent competitor to Anthropic's Claude Code and OpenAI's Codex under its growing artificial intelligence business. The acquisition follows months of collaboration between the two companies on AI model training and infrastructure, and comes days after SpaceX's public market debut. The deal also marks the latest step in SpaceX's efforts to expand its presence in the AI sector by combining software development capabilities with large-scale computing resources.