SpaceX Eyes $60 Billion Cursor Deal

SpaceX said Tuesday it intends to acquire AI coding startup Cursor in a transaction valued at up to $60 billion . Under the terms described, SpaceX would have the option to buy Cursor outright for $60 billion, or alternatively pay $10 billion for Cursor’s work if the acquisition does not move forward.

The company said the arrangement is designed to bring Cursor’s AI coding capabilities into SpaceX’s internal operations. SpaceX described the integration as a way to strengthen its position in the AI coding segment by embedding Cursor’s tools into how SpaceX builds and maintains software.

A central element of the agreement is infrastructure access. Cursor would gain use of SpaceX’s computing resources, including the Colossus training supercomputer, which SpaceX said is powered by 200,000 Nvidia GPUs . SpaceX said this capacity is expected to support development of Cursor’s Composer product, described as an AI-driven coding editor.

Cursor’s stated goal is to change how software is produced by placing AI directly inside coding workflows rather than relying on separate chat-style interfaces. The company was founded by four MIT alumni and is headquartered in San Francisco . It currently has about 400 employees, and its customer list includes Stripe , Coinbase , Discord , Salesforce , Neuralink , and Nvidia .

The startup has raised multiple rounds of funding as it scaled. It secured an $8 million seed round in 2023 led by OpenAI’s Startups Fund . In 2024 , Cursor’s Series A raised $60 million at a $400 million valuation, with investors including Andreessen Horowitz and Thrive Capital . A later Series D round in November 2025 , valued at $2.3 billion , brought Cursor’s valuation to $29.3 billion and added investors such as Coatue , Nvidia , and Google .

While SpaceX outlined the structure and strategic intent of the deal, key execution details remain unclear from the announcement, including the timeline for completion and whether the acquisition path or the $10 billion work-payment alternative will ultimately be used. The announcement also did not specify how Cursor’s products would be deployed across SpaceX’s broader operations beyond the stated integration goal.