AI NewsSpaceX officially closes its Cursor acquisition

SpaceX officially closes its Cursor acquisition

1:24 AM IST · August 16, 2026

AI coding startup Cursor is now officially a part of SpaceX, according toan announcement on the Cursor blog. Elon Musk’s SpaceX — which also acquired Musk’s xAI earlier this year —announced a deal in Aprilfor the companies to develop technology together; the deal also gave SpaceX the option to acquire Cursor for $60 billion. Two months later, as SpaceX became a public company, the companies said they weremoving forward with the acquisition. In its announcement that the deal has closed, Cursor repeatedly referenced SpaceX’s computing infrastructure, which the company has beenrenting out to customers including Anthropic and Google. (SpaceX alsofaces a lawsuit over the pollution created by its data center gas turbines.) Cursor said that by becoming part of SpaceX, it will have “access to the largest fleet of GPUs in the world.” “SpaceX is building the computing capacity needed to scale intelligence far beyond what exists today,” the company added. “Cursor will be one place where that intelligence becomes useful.”